2111 Squirrel Rd, Auburn Hills, MI 48326-2351
This exceptional investment opportunity presents a newly constructed, freestanding Chick-fil-A restaurant in Auburn Hills, Michigan. Located at 2111 N Squirrel Rd, 48326, this 5,028 square foot building sits on a 2.25-acre lot and benefits from a new 15-year ground lease with a corporate guarantee from Chick-fil-A, Inc. The property boasts a strong net operating income (NOI) of $125,000, resulting in a compelling 4.40% cap rate and a price per square foot of $565.02. The asking price is $2,840,900. This 100% occupied property enjoys high visibility due to its location on N Squirrel Rd, directly across from Oakland University and near the Great Lakes Crossing Outlets. The site benefits from excellent access and street signage along both Squirrel Road and University Drive, capitalizing on the significant traffic generated by the university, nearby corporate headquarters, and the popular outlet mall. This is a rare chance to acquire a low-maintenance, high-performing investment with a blue-chip tenant and a long-term lease, offering significant potential for passive income and appreciation. The property's strategic location within a thriving commercial area ensures consistent customer traffic and strong financial performance. This NNN lease structure minimizes landlord responsibilities, making it an ideal investment for passive income seekers. Built in 2024, this property represents a turnkey investment opportunity with minimal operational overhead.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Auburn Hills, MIAuburn Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.