1900 N Haggerty Rd Canton, MI 48187
6,511 SF restaurant on 1.98 acres in Canton, MI.
Type:Retail
Property size:
6,511 SFLot size:
1.98 Acres- Added:
- Mar 28, 2023
- Days on Market:
- 1121
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 1900 N Haggerty Rd
General Information
- Standard status
- Active
- Size
- 6,511 SF
- Lot size
- 1.98 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing agent Chris Bosworth License #GA 248342
Listing office CBRE - Atlanta
Listing date Mar 28, 2023
Source Crexi
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 CBRE - Atlanta
Overview
Carrabba's Italian Grill For Sale
The property is a 6,511-square-foot Carrabba’s Italian Grill situated on 1.98 acres in Canton, Michigan, which is a component of the Detroit-Warren-Dearborn, MI MSA. The restaurant has approximately 16.2 years of primary lease term remaining, along with four 5-year renewal options. The lease is absolute NNN, and includes a corporate guaranty from Bloomin’ Brands, Inc. The lease agreement specifies that each year, the rent will increase by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. The store has a long operating history with strong sales, and since 2019, sales have increased 18%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Carrabba's Italian Grill
Restaurant
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4466552
- Latitude
- 42.3202588
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - 6,511 SF restaurant on 1.98 acres in Canton, MI.
Where is this conventional restaurant located?
The property is located at 1900 N Haggerty Rd Canton, MI.
What is the asking price?
The asking price for this property is $3,433,000.
What are key features of this property?
This property features: Absolute NNN lease requiring minimal landlord responsibilities.; Corporate guaranty from Bloomin’ Brands, Inc.; **±6.2 years of primary lease term remaining** with four 5‑year renewal options.
