
Caribou Coffee
Retail | 2,200 SqFt
Marketing description
Fortis Net Lease is pleased to present a prime investment opportunity in Ferndale, MI! This impeccably located 2,200 SF building boasts 100% occupancy, making it an ideal venture for retail or restaurant investors. Situated in a sought-after area, this property presents an excellent opportunity for those seeking a thriving location to establish or expand their business. With its prime location and fully leased status, this property offers a promising investment with immediate returns. Don't miss the chance to own a piece of this bustling commercial district.
Ferndale, Michigan, is a vibrant city located in Oakland County, just north of Detroit. Known for its eclectic charm and inclusive atmosphere, Ferndale blends a small-town feel with the energy of an urban community. Its downtown area is a hub of activity, featuring a mix of locally owned restaurants, coffee shops, boutiques, and entertainment venues that attract both residents and visitors. The city’s walkable streets and community-oriented spaces make it a desirable place for young professionals, families, and artists alike.
Beyond its bustling downtown, Ferndale is recognized for its progressive values and strong sense of community. The city hosts numerous cultural events and festivals throughout the year, celebrating diversity, creativity, and local talent. With well-maintained parks, active neighborhood associations, and easy access to major highways, Ferndale offers a balanced lifestyle that combines convenience, culture, and connectivity in the heart of Metro Detroit.
Investment highlights
- Very Rare Grandfathered Drive-Thru
- Hard-Corner Site on Woodward Ave
- 10% Rent Increases Every 5 Years
- Strong Franchisee (Bread of Life, LLC) -- Backed by
- Franchisor Addendum
- Minimal Landlord Responsibilities (Roof & Structure)
- Patio Seating & RPU Spots
- Dense, Walkable Ferndale Submarket
- Strong Demographics and Foot Traffic
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