Listing Agency: NAI Farbman Southfield m***@farbman.com Show Phone

Listed By: Daniel McCleary · License #MI 6502113479

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:14AM

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Investment Insights

Based on property information with market context.

The property is associated with the former Big Boy Restaurant and spans 1.86 acres. Its recorded location is 99 N Groesbeck Hwy, Mount Clemens, MI 48043.

Key Highlights

• Former Big Boy Restaurant property
• 1.86‑acre site
• 99 N Groesbeck Hwy address

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

428

Businesses Nearby

212k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 37% Dining 37% Shops & Services 23% Electronics 3%

Meijer Groceries

78,391 visits/mo 0.4 miles

Meijer Gas Station Shops & Services

19,917 visits/mo 0.4 miles

McDonald's Dining

19,042 visits/mo 0.1 miles

Taco Bell Dining

12,729 visits/mo 0.1 miles

SONIC Drive In Dining

11,959 visits/mo 0.5 miles

Demographics for 48043, MI

15,665

Population

7,059

Households

2.2

Avg Household Size

41

Median Age

18%

College-Educated

88%

High-School Grad

4.1 sq mi

ZIP Area

3,821

Density / Sq Mi

$57,315

Median Household Income

$37,683

Median Earnings

$896

Median Rent

$169,000

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The site encompasses a substantial parcel in Mount Clemens, Michigan.

Where is this conventional restaurant located?

The property is located at 99 N Groesbeck Hwy Mount Clemens, MI.

What are key features of this property?

This property features: Former Big Boy Restaurant property; 1.86‑acre site; 99 N Groesbeck Hwy address