Turnkey Cafe
For Sale
$475,000
6099 Greenfield Rd, Dearborn, MI 48126
Turnkey end-cap cafe with seating and a complete espresso bar setup, including major equipment and POS systems.
Property Size2,764 SF
Price / SF$171.85
Days on Market23
Property Features for 6099 Greenfield Rd
General Information
Standard status
Active
Size
2,764 SF
Property subtype
Industrial
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
3
4001200
Building Details
Year Built
20
Listing Agency:
SENAN LLC
(248) 635-2880
Listed By:
Simon Saleh · License #MI427828
(248) 635-2880
Source:
Xome
Added: Jul 18
Changed: Aug 8
Last Checked: Aug 8 at 4:07AM
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 SENAN LLC
Investment Insights
Based on property information with market context.
This turnkey luxury cafe is offered for sale as an operational end-cap, featuring approximately 2,764 square feet with seating for approximately 80 guests and an estimated 116-person occupancy. The space has been professionally designed with high-end interior finishes and is fully equipped for immediate operation.
The sale includes furniture, fixtures, decor, and major cafe equipment, including a complete espresso bar package with espresso machine and coffee grinders, hot water dispenser, refrigeration and display equipment, high-speed oven, ice cream display freezer, and additional coffee equipment. Business systems included are the POS system and Kitchen Display System (KDS), along with a security camera system, alarm system, professional audio system, and Wi-Fi/network infrastructure.
All necessary approvals are already in place, including a Certificate of Occupancy, Health Department approval, and business license. A favorable lease includes coffee-use exclusivity, and the shopping center is fully occupied. The transaction also includes the business name, branding, and registered trademark for Medina Coffee.
The sale includes furniture, fixtures, decor, and major cafe equipment, including a complete espresso bar package with espresso machine and coffee grinders, hot water dispenser, refrigeration and display equipment, high-speed oven, ice cream display freezer, and additional coffee equipment. Business systems included are the POS system and Kitchen Display System (KDS), along with a security camera system, alarm system, professional audio system, and Wi-Fi/network infrastructure.
All necessary approvals are already in place, including a Certificate of Occupancy, Health Department approval, and business license. A favorable lease includes coffee-use exclusivity, and the shopping center is fully occupied. The transaction also includes the business name, branding, and registered trademark for Medina Coffee.
Key Highlights
- About 2,764 SF premium end‑cap cafe space
- Seating for approximately 80 guests with an estimated 116‑person occupancy
- Includes all furniture, fixtures, decor, and major cafe equipment, including a complete espresso bar package and espresso machine
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,812
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$756,240
$756.2K
Cap Rate 7%
$540,171
$540.2K
Cap Rate 9%
$420,133
$420.1K
Market Conditions
NOI Build-Up for 2,764 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$53.1K $19.20/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$50.4K $18.24/SF
− OpEx
−$12.6K −$4.56/SF
NOI
$37.8K $13.68/SF
Area
Dearborn, MI
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$756,240
Cap Rate 7%
$540,171
Cap Rate 9%
$420,133
Alternative Uses
Best Use
Specialty Retail
$540.2K
$472.7K – $630.2K
NOI $37,812 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$609.7K
$533.5K – $711.4K
NOI $42,682 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
228k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 53%
Shops & Services 24%
Dining 19%
Apparel 2%
Target
Superstores
105,223 visits/mo
0.5 miles
Five Below
Shops & Services
34,366 visits/mo
0.5 miles
Leo's Coney Island
Dining
18,980 visits/mo
0.4 miles
Big Lots
Superstores
16,370 visits/mo
0.4 miles
PetSmart
Shops & Services
15,025 visits/mo
0.4 miles
Demographics for 48126, MI
55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
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?
Coffee shop - Turnkey end-cap cafe with seating and a complete espresso bar setup, including major equipment and POS systems.
Where is this coffee shop located?
The property is located at 6099 Greenfield Rd Dearborn, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: About 2,764 SF premium end‑cap cafe space; Seating for approximately 80 guests with an estimated 116‑person occupancy; Includes all furniture, fixtures, decor, and major cafe equipment, including a complete espresso bar package and espresso machine
