www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32213334
32284283

2 Locations For Sale

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
Unpriced
86 days on market
Updated 80 days ago

New Construction Stnl Restaurant Portfolio

Details
APN 28-99-0006-008, Unit 4,28-99-0006-008, Unit 3
Property Type Retail, Hospitality
Sub Type Restaurant
Cap Rate 5.00%
NOI $515,000
Tenancy Multi
Lease Type Net
Lease Term 10
Price per SqFt $512
Year Built 2026
Buildings 2
Acreage 2.15 - 2.35
Zoning C-4, High-Rise Commercial District
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease Yes

Retail | 5.00% CAP

Marketing description

Landmark Investment Sales is pleased to offer for sale a premier, high-end credit restaurant investment featuring Capital Grille and Cooper's Hawk Winery, both operating under new 10-year leases. Capital Grille is backed by Darden Restaurants (NYSE: DRI), while Cooper's Hawk has been primarily owned by Ares Management (NYSE: ARES). The property is strategically located with direct access off I-275 (163,000 VPD) and is part of a new development featuring five adjacent hotels—Holiday Inn, Home2, Marriott, Courtyard, and Best Western—providing a built-in customer base. The site benefits from strong demographics, with 207,000 people within a 5-mile radius and an average household income of $145,632. The properties are available for purchase together or separately.

Investment highlights

  • Premium credit-tenant restaurant concepts:
  • Capital Grille – New 10 Year Lease
  • Backed by Darden Restaurants (NYSE: DRI): 2,181 locations, $11.4B Annual Revenue
  • Cooper’s Hawk Winery – New 10 Year Lease
  • Since 2019, Cooper’s Hawk is primarily owned by ARES Management (NYSE: ARES): $3.88B Annual Revenue
  • Brand new construction:
  • Cooper’s Hawk – Opened March 2026 | Capital Grille Opening Summer 2026
  • Strong anticipated performances:
  • Both Tenants Report Average Unit-Level store sales of over $10M
  • High profile retail / hotel / office location:
  • Direct Access off of I-275 (163,000 VPD)
  • Part of new development with 5 adjacent hotels (Holiday Inn, Home2, Marriott, Courtyard, Best Western) for built in customer base
  • Neighboring retailers include: Kroger, Home Depot, Chick fil A, Busch’s, Costco, Meijer, Hyde Park, Flemmings, Trader Joes, etc.
  • 207,000 People within 5 Miles | $145,632 Average Household Income
  • Passive investment | ground lease – zero Landlord responsibilities

Listing Contacts

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

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$515,000.00
$42,916.67/mo

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
Name
Jack Melton
License
6501450066
Brokerage
Landmark Commercial Real Estate
Name
Eli Neuman
License
6501456898
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2484882620
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591