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32284269

17115 N Laurel Park Dr, Livonia, MI 48152 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
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$4,500,000
73 days on market
Updated 72 days ago

Cooper's Hawk Winery & Restaurant

Details
APN 28-99-0006-008, Unit 4
Property Type Retail, Hospitality
Sub Type Restaurant
Square Footage 11,046
Cap Rate 5.00%
NOI $225,000
Occupancy 100%
Tenancy Single
Brand/Tenant Cooper’s Hawk Livonia, LLC
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 02/29/2036
Remaining Term 10
Lease Options Four, Five-Year Options with Rent Increases
Year Built 2026
Acreage 2.150
Zoning C-4, High-Rise Commercial District
Investment Type Net Lease
Rent Commencement 03/01/2026

Brand New Cooper's Hawk Development - Livonia, MI

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.

Cooper’s Hawk Winery & Restaurants is a nationally recognized experiential dining concept that combines a full-service restaurant, on-site winery, and highly successful wine club membership program, driving strong, consistent traffic and recurring revenue. The brand has expanded rapidly across major metropolitan markets, building a loyal following through its upscale casual dining experience and proprietary wine offerings.

Cooper’s Hawk is widely regarded as a category leader within the polished casual segment, benefiting from high average unit volumes and strong brand affinity. Its vertically integrated wine production and direct-to-consumer sales model enhance margins and customer retention. Locations are typically positioned in high-income trade areas with strong daytime and evening populations, supporting sustained performance and long-term tenancy.

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
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
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$225,000.00
$18,750.00/mo

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5%
Cap Rate
5%
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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
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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