Shake Shack NNN
For Sale
$4,030,000
39300 7 Mile, Livonia, MI 48152
Absolute NNN ground lease at a signalized intersection in Livonia’s retail and office district.
Property Size2,820 SF
Price / SF$1,429
Days on Market197
Property Features for 39300 7 Mile
General Information
Standard status
Active
Size
2,820 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
6%
Amenities
Prime Retail Location
Absolute NNN Ground Lease
Site Features Double Drive-Thru
Newly Built in 2022
Building Details
Building Size
2,820 SF
Listing Agency:
San Francisco Office
Listed By:
Rich Merryman · License #License(s): CA: 00934296
(415) 625-2126
Source:
Marcusmillichap
Added: Apr 3
Changed: Oct 10
Last Checked: Oct 16 at 5:51AM
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 San Francisco Office
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Investment Insights
Based on property information with market context.
This specialty NNN property is occupied by Shake Shack under an absolute NNN ground lease. The asset is positioned within Livonia’s primary retail and office district, providing a commercial setting integrated with established surrounding activity.
The property is located at 39300 7 Mile in Livonia, Michigan, at a major four-way signalized intersection. Its corner positioning supports direct access and exposure within the district.
The property is located at 39300 7 Mile in Livonia, Michigan, at a major four-way signalized intersection. Its corner positioning supports direct access and exposure within the district.
Key Highlights
- Shake Shack location at 39300 7 Mile, Livonia, MI 48152
- Absolute NNN ground lease
- Situated at a major four‑way signalized intersection
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
476k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Dining 21%
Groceries 15%
Shops & Services 13%
Costco Wholesale
Superstores
138,170 visits/mo
0.5 miles
Trader Joe's
Groceries
69,856 visits/mo
0.2 miles
Costco Gasoline
Shops & Services
57,290 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
45,519 visits/mo
0.2 miles
AMC Livonia 20
Leisure
34,419 visits/mo
0.2 miles
Demographics for 48152, MI
31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease at a signalized intersection in Livonia’s retail and office district.
Where is this nnn property located?
The property is located at 39300 7 Mile Livonia, MI.
What is the asking price?
The asking price for this property is $4,030,000.
What are key features of this property?
This property features: Shake Shack location at 39300 7 Mile, Livonia, MI 48152; Absolute NNN ground lease; Situated at a major four‑way signalized intersection
