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    OFF-MARKET
    Retail properties & Spaces

    31834 Ryan Rd, Warren, MI 48092

    950 SF
    Property ID
    Property summary
    AI-generated overview

    This Class A retail property, located at 31834 Ryan Rd, Warren, MI 48092, presents a unique investment opportunity. The AROMANI HOOKAH lounge occupies approximately 950-1000 square feet in Macomb County and boasts a long-standing presence in the community, generating a strong and consistent income stream. Currently operating under a lease agreement with a monthly rent of $1,000, this sale includes a leaseback option, providing immediate cash flow for the buyer. The business is well-known and established, making it an attractive proposition for an experienced operator looking to acquire a profitable, turnkey operation. Financial details are available upon request. The property is situated in a convenient location within Warren, Michigan, offering excellent visibility and accessibility to a large customer base. This is an exceptional chance to own a thriving business with a proven track record and significant growth potential. The asking price for this turnkey operation is $120,000. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 950 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Armani Hookah (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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