Big Boy NNN Restaurant
For Sale
Contact for pricing
4940 S Baldwin Rd, Orion Township, MI 48359
An absolute net lease assigns taxes, insurance, and maintenance obligations to the tenant.
Property SizeContact for details
Days on Market143
Property Features for 4940 S Baldwin Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Kyle Gulock · License #CA 01861385
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:42PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property is occupied by a Big Boy restaurant at 4940 S Baldwin Rd in Orion Township, Michigan. Its operating structure is based on a 20-year lease backed by a corporate guarantee, with the tenant responsible for property taxes, insurance, and maintenance under an absolute net arrangement.
The lease provides for 10% rent increases every five years and includes four additional 5-year renewal options. The tenant has operated at the property since 1986, establishing a long occupancy history at the location. These contractual terms define the property’s income arrangement and limit the owner’s direct responsibility for recurring property expenses.
The lease provides for 10% rent increases every five years and includes four additional 5-year renewal options. The tenant has operated at the property since 1986, establishing a long occupancy history at the location. These contractual terms define the property’s income arrangement and limit the owner’s direct responsibility for recurring property expenses.
Key Highlights
- 20‑year corporately guaranteed lease
- Absolute net structure places taxes, insurance, and maintenance with the tenant
- 10% rent increases scheduled every five years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
573k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Dining 28%
Shops & Services 22%
Electronics 7%
Kohl's
Apparel
69,051 visits/mo
0.2 miles
Nordstrom Rack
Apparel
48,569 visits/mo
0.4 miles
McDonald's
Dining
41,572 visits/mo
0.4 miles
Best Buy
Electronics
39,546 visits/mo
0.4 miles
Five Below
Shops & Services
30,772 visits/mo
0.2 miles
Demographics for 48359, MI
9,939
Population
4,477
Households
2.2
Avg Household Size
36
Median Age
52%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
912
Density / Sq Mi
$94,618
Median Household Income
$50,657
Median Earnings
$1,360
Median Rent
$329,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - An absolute net lease assigns taxes, insurance, and maintenance obligations to the tenant.
Where is this nnn property located?
The property is located at 4940 S Baldwin Rd Orion Township, MI.
What are key features of this property?
This property features: 20‑year corporately guaranteed lease; Absolute net structure places taxes, insurance, and maintenance with the tenant; 10% rent increases scheduled every five years
