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Freestanding Restaurant with Equipment
New
For Lease
Contact for pricing

650 S Rochester Rd, Rochester Hills, MI 48307

The building includes existing restaurant equipment and is available through a ground lease.

Space Size2,248 SF
Days on Market3

Property Features for 650 S Rochester Rd

General Information

Standard status Active
Size 2,248 SF
Total Parking Spaces 52
Property subtype RETAIL

Additional Details

Space Use Restaurant
Second-Generation Restaurant Yes

Spaces For Lease

at 650 S Rochester Rd
650 S Rochester Rd AVAILABLE, Now
Floor Bldg
Size 2,248 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Former freestanding restaurant with existing restaurant equipment. - Potential redevelopment opportunity - Ground Lease Available. - 52 Parking spaces. - Located in the highly desirable Rochester Hills market along the Rochester Rd corridor. - Rare opportunity to capture a freestanding restaurant space with excellent visibility on Rochester Rd. - Minutes from Downtown Rochester, with convenient access to Rochester, Oakland Township, Troy and surrounding communities. - Strong surrounding demographics with established residential neighborhoods and high household income. - Conveniently located near major retail, dining and lifestyle destinations in the heart of Rochester Hills. - Excess land in rear for additional parking
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Moodyscre
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:17PM

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 Landmark Commercial Real Estate Services

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Investment Insights

Based on property information with market context.

This 2,248-square-foot freestanding restaurant building has existing restaurant equipment and is offered for ground lease. The site includes 52 parking spaces, with additional land at the rear identified for potential parking expansion.

At 650 S Rochester Rd in Rochester Hills, the property is along the Rochester Road corridor and minutes from Downtown Rochester. Nearby retail, dining, and lifestyle destinations are also part of the surrounding area.

Key Highlights

  • 2,248‑square‑foot freestanding restaurant building
  • Existing restaurant equipment in place
  • Ground lease available

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Plumbing Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby
143k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 28% Groceries 24% Electronics 1%
Aldi Groceries
33,519 visits/mo 0.5 miles
McDonald's Dining
29,258 visits/mo 0.2 miles
Speedway Shops & Services
19,912 visits/mo 0.4 miles
Burger King Dining
13,104 visits/mo 0.4 miles
Tim Hortons Dining
8,743 visits/mo 0.2 miles

Demographics for 48307, MI

44,673
Population
19,493
Households
2.3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$105,118
Median Household Income
$61,528
Median Earnings
$1,499
Median Rent
$329,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The building includes existing restaurant equipment and is available through a ground lease.
Where is this conventional restaurant located?
The property is located at 650 S Rochester Rd Rochester Hills, MI.
What are key features of this property?
This property features: 2,248‑square‑foot freestanding restaurant building; Existing restaurant equipment in place; Ground lease available
(248) 488-2620 Call to check price and availability
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