30685 W 12 Mile Rd

This 3,292 SF single-tenant restaurant presents a secure NNN investment opportunity in the heart of Farmington Hills’ busy retail corridor. The property is leased to an established tenant under a 10-year agreement that commenced in 2019, with four years remaining and a personal guarantee in place for added security. In conjunction with the lease, the tenant invested heavily in a full interior remodel that included a brand-new kitchen, upgraded bar, and additional seating for over 110 customers. The building also features a dedicated parking lot with 70 spaces and monument signage along 12 Mile Road. Offering an attractive 8% cap rate, this property delivers predictable cash flow supported by strong real estate fundamentals.

• Secure Income Stream – Single-tenant NNN lease (four years remaining), with options
• Annual income of $78,800 with 1.5% Annual Escalations
• Tenant pays property taxes and insurance
• Tenant-Funded Renovations – Completely remodeled in 2019 with new kitchen, bar, and seating for 110+ patrons
• Attractive Cap Rate – 8% return with predictable cash flow
• Strong Real Estate Fundamentals – 3,292 SF freestanding restaurant with 70 dedicated parking spaces and monument signage
• Prime Retail Corridor – High-visibility location on Orchard Lake/12 Mile Rd with quick access to I-696
• Desirable Demographics – $133,154 average HH income and 90,000 daytime employees within a 3-mile radius