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Raising Cane's Drive-Through Restaurant
For Sale
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31327 Gratiot Avenue, Roseville, MI 48066

New construction quick-service building on a corner parcel with direct access to a major commercial corridor.

Property Size3,034 SF
Lot Size0.88 Acres
Price / SF$1,387
Days on Market8

Property Features for 31327 Gratiot Avenue

General Information

Standard status Active
Size 3,034 SF
Lot size 0.88 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $200,000

Site & Location

Drive-Thru Yes
Highway Access Yes
Road Access Yes

Building Details

Year Built 2027
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Aug 26 Changed: Sep 1 Last Checked: Sep 1 at 9:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

This under-construction Raising Cane’s restaurant will include a 3,034-square-foot building with two dedicated drive-through lanes on a 0.88-acre corner parcel. The property is subject to a 20-year Absolute NNN ground lease with ten five-year renewal options. Base rent increases by 10% every five years, including at the beginning of each renewal period, with rent commencement anticipated for February 26, 2027.

The site is located at 31327 Gratiot Avenue, identified as M-3, in Roseville, Michigan. Gratiot Avenue serves as a primary retail corridor, with Interstate 94 across the street and access to Interstate 696 and M-59. The surrounding trade area includes residential neighborhoods, national retailers, restaurants, automotive dealerships, healthcare providers, service businesses, employers, and Macomb Community College.

Key Highlights

  • New construction Raising Cane’s restaurant under development
  • 3,034‑square‑foot building on a 0.88‑acre corner parcel
  • Two dedicated drive‑through lanes

Property Analytics

Current Use

Best Western Georgian ... Hotel & Motel Gratiot Huddle Sports ... Bar & Pub Days Inn & Suites ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby
769k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 30% Dining 22% Superstores 14% Home Improvements & Furnishings 10%
Sam's Club Superstores
110,061 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
53,295 visits/mo 0.4 miles
Kroger Groceries
44,518 visits/mo 0.4 miles
Best Buy Electronics
42,093 visits/mo 0.4 miles
Texas Roadhouse Dining
40,196 visits/mo 0.2 miles

Demographics for 48066, MI

47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New construction quick-service building on a corner parcel with direct access to a major commercial corridor.
Where is this drive through restaurant located?
The property is located at 31327 Gratiot Avenue Roseville, MI.
What is the asking price?
The asking price for this property is $4,210,526.
What are key features of this property?
This property features: New construction Raising Cane’s restaurant under development; 3,034‑square‑foot building on a 0.88‑acre corner parcel; Two dedicated drive‑through lanes
More about this property
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