Investment Overview
Perfectly positioned in the vibrant Flint area, this prime property offers an exceptional opportunity for retail or restaurant investment. Boasting a strategic location with high visibility, the property on Miller Road presents an ideal setting for attracting a steady flow of customers. With ample parking and easy access, it provides convenience for patrons and delivery services. The versatile layout and spacious interior offer endless possibilities for creating a captivating retail space or a trendy restaurant concept. This property is a standout choice for investors seeking a prime location in the thriving Flint area, with the potential to establish a successful retail or dining establishment.
Investment Highlights
- Tenant recently renewed their lease for a 15-Year Term Showing Strong Commitment to the location
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- High Visibility & Access – Excellent frontage on a major thoroughfare with easy ingress/egress
- Established Tenant with National Recognition – Famous Dave’s is a well-known barbecue restaurant brand with a loyal customer base
- Attractive Cap Rate – Competitive return for a stable, long-term investment
- Recession-Resistant Tenant: Famous Dave’s has a proven track record of success, offering a stable investment even in fluctuating economic conditions
- Well-Maintained Property: Modern building with recent upgrades and strong operational history, minimizing near-term capital expenditures
- Thriving Retail Corridor: Located in a high-traffic commercial district with national retailers, grocery stores, and complementary restaurants, ensuring strong consumer draw