Freestanding Neighborhood Grill &
5330 W MAIN ST Kalamazoo, MI 49009
5330 W MAIN ST, Kalamazoo, MI, 49009
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For Sale
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Freestanding Applebee’s restaurant on an outlot with direct West Main Street frontage and long-term tenant operation.
Property Size5,621 SF
Lot Size1.16 Acres
Days on Market89
Property Features for 5330 W MAIN ST
General Information
- Standard status
- Active
- Size
- 5,621 SF
- Lot size
- 1.16 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing agency
Marcus & Millichap - Detroit
Listed by
Ashish Vakhariya · License #MI 6501322501
Source
Crexi
Added: Apr 24 Updated: Jul 20 at 5:15PM Checked: Jul 20 at 5:15PM
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 Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
Applebee’s Neighborhood Grill and Bar is a single-tenant, freestanding restaurant offering 5,621 square feet on a 1.16-acre parcel. The property is operated continuously by the tenant since September 2012 under an absolute net lease structure. A Greenhouse Remodel is scheduled for 2026, with planned updates that include exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements.
The restaurant is located along West Main Street within Maple Hill Pavilion, a Target-anchored retail center. The site provides direct frontage and visibility on a primary retail corridor. The property is near the Drake Road intersection and has regional connectivity via US-131.
The surrounding retail mix includes national retailers such as Meijer, Walmart Supercenter, Menards, Lowe’s, Kohl’s, and ALDI. Store-level performance is supported by a 5.89% rent-to-sales ratio, reflecting meaningful operating cushion. The tenant operator is TEAM Schostak Family Restaurants, a family-owned franchise operator with an established multi-brand portfolio.
The restaurant is located along West Main Street within Maple Hill Pavilion, a Target-anchored retail center. The site provides direct frontage and visibility on a primary retail corridor. The property is near the Drake Road intersection and has regional connectivity via US-131.
The surrounding retail mix includes national retailers such as Meijer, Walmart Supercenter, Menards, Lowe’s, Kohl’s, and ALDI. Store-level performance is supported by a 5.89% rent-to-sales ratio, reflecting meaningful operating cushion. The tenant operator is TEAM Schostak Family Restaurants, a family-owned franchise operator with an established multi-brand portfolio.
Key Highlights
- Single‑tenant freestanding Applebee’s Neighborhood Grill & Bar built in 1994 with 5,621 SF restaurant on a 1.16‑acre parcel
- Direct West Main Street frontage at Maple Hill Pavilion (Target‑anchored retail center) near the Drake Road intersection
- Tenant TSFR Apple Venture has operated continuously since September 2012 under an absolute net lease structure
Property Analytics
Location Intelligence
Current Use by Public Records
Applebee's Grill + Bar
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding Applebee’s restaurant on an outlot with direct West Main Street frontage and long-term tenant operation.
Where is this conventional restaurant located?
The property is located at 5330 W MAIN ST Kalamazoo, MI.
What are key features of this property?
This property features: Single‑tenant freestanding Applebee’s Neighborhood Grill & Bar built in 1994 with 5,621 SF restaurant on a 1.16‑acre parcel; Direct West Main Street frontage at Maple Hill Pavilion (Target‑anchored retail center) near the Drake Road intersection; Tenant TSFR Apple Venture has operated continuously since September 2012 under an absolute net lease structure
