Cava Grill

Mid-America Real Estate - Michigan, Inc. has been retained on behalf of ownership to sell the 100% fee simple interest in 1 acre of land with a ground lease containing a brand-new 2,500 square foot CAVA Grill restaurant with a drive-thru in Livonia, Michigan. The property is ideally positioned at the northeast quadrant of 7 Mile Road and Haggerty Road, in a tier 1 market in Michigan, and offers investors a near bulletproof income stream featuring a long-term ground lease in a strong and stable market.

• 15-year ground lease
• 2026 new construction
• Lease Type: Ground Lease
• LL Responsibilities: None
• Ground Rent: $220,000
• Term: Fifteen (15) Years
• Rent Increases: 10% every 5 years
• Options: Four 5-year options