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29713969
29715506

15133 Hall Rd, Shelby, MI 48315

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
LC
MI 6501335264
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$6,874,150
115 days on market
Updated 33 days ago

Cava & Navy Federal Credit Union

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food
Square Footage 7,050
Cap Rate 6.00%
NOI $412,449
Occupancy 100%
Tenancy Multi
Brand/Tenant CAVA Group, Navy Federal Credit Union
Lease Type NNN
Lease Term 10
Lease Expiration 06/29/2036
Remaining Term 10
Lease Options 4, 5-Year
Year Built 2006
Year Renovated 2026
Acreage 1.630
Lease Commencement 06/30/2026

New Cava / Navy FCU High Profile Strip

Marketing description

Landmark Investment Sales is pleased to offer for sale a newly redeveloped, institutional quality strip center, fully reconstructed from a former standalone restaurant, located at a generational “Main & Main” position along Hall Road (85,000 VPD), Southeast Michigan’s premier retail corridor. The property is a direct outlot to a high-volume Meijer and adjacent to Michigan’s highest-performing Costco (per Placer.ai), surrounded by a dense lineup of bestin-class national retailers. The center is fully leased to CAVA Group (NYSE: CAVA) and Navy Federal Credit Union under brand-new 10-year leases commencing Summer 2026 with scheduled 10% rental increases in Year 5. Supported by strong, affluent demographics, the property offers long-term durability, minimal capital exposure, and sustained tenant demand.

Investment highlights

  • Generational “Main & Main” Location – Premier Hall Road Frontage

  • High-Profile, Credit Tenancy with New 10-Year Lease

  • Brand New Construction / Zero Near-Term Capital Exposure

  • Exceptional Demographics Supporting Long-Term Retail Performance

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
LC
MI 6501335264
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$412,449.00
$34,370.75/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
Name
Eli Neuman
License
6501456898
Brokerage
Landmark Commercial Real Estate
Name
Jack Melton
License
6501450066
Brokerage
Landmark Commercial Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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