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Two-Tenant NNN Restaurant Property
For Sale
Contact for pricing
Pending

6459-6461 Dixie Highway, Clarkston, MI 48346

Freestanding building leased to Qdoba and Tropical Cafe under NNN terms.

Property SizeContact for details
Days on Market144

Property Features for 6459-6461 Dixie Highway

General Information

Standard status Pending
Property subtype Retail

Site & Location

Pylon Signage Yes
Traffic Count 34,400 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:10PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes two tenant spaces occupied by Qdoba Mexican Eats and Tropical Cafe. Ownership includes the land and building, with NNN lease structures that limit landlord responsibilities to parking lot maintenance and landscaping. Qdoba has an initial lease term extending through 2030, one additional 5-year renewal option, a 5.6% rent increase in 2025, and a 10% increase at the start of the option period. The Tropical Cafe lease provides 1.5% annual increases during its initial term.

The property is positioned at 6459-6461 Dixie Highway in Clarkston, Michigan, along U.S. Highway 24, which records an average of 34,400 vehicles daily. A large monument sign and substantial street frontage support property visibility. Clarkston Oaks, an 87,000 SF Kroger-anchored strip center, is located 0.5 miles north, with Office Depot, Rite Aid, CVS Pharmacy, Walgreens, Dollar Tree, and AutoZone among the other nearby national and credit tenants. The surrounding residential base includes Lancaster Lakes with 296 units, Clarkston Place with 36 units, and Greens Lake with 132 units.

Key Highlights

  • Two‑tenant freestanding restaurant property with Qdoba Mexican Eats and Tropical Cafe
  • NNN lease structure limits landlord duties to parking lot maintenance and landscaping
  • Qdoba lease runs through 2030 with one additional 5‑year option

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Electrical Service Auto Parts Store

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

34,400 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
168k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 30% Groceries 27% Home Improvements & Furnishings 7%
Kroger Groceries
45,604 visits/mo 0.4 miles
Speedway Shops & Services
31,380 visits/mo 0.3 miles
Starbucks Dining
16,629 visits/mo 0.5 miles
Ace Hardware Of Clarkston Home Improvements & Furnishings
12,092 visits/mo 0.5 miles
Taco Bell Dining
12,035 visits/mo 0.3 miles

Demographics for 48346, MI

23,058
Population
10,157
Households
2.3
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
18.1 sq mi
ZIP Area
1,274
Density / Sq Mi
$97,857
Median Household Income
$49,935
Median Earnings
$1,360
Median Rent
$295,200
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding building leased to Qdoba and Tropical Cafe under NNN terms.
Where is this nnn property located?
The property is located at 6459-6461 Dixie Highway Clarkston, MI.
What are key features of this property?
This property features: Two‑tenant freestanding restaurant property with Qdoba Mexican Eats and Tropical Cafe; NNN lease structure limits landlord duties to parking lot maintenance and landscaping; Qdoba lease runs through 2030 with one additional 5‑year option
(248) 688-0630 Call to check price and availability
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