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15133 Hall Rd 7,050 SF Retail Building Utica, MI 48315 $6,784,150 ($962.29/SF) 6% Cap Rate

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Investment Highlights

Brand New Construction / Zero Near-Term Capital Exposure
High-Profile, Credit Tenancy with New 10-Year Lease

Generational “Main & Main” Location – Premier Hall Road Frontage
Exceptional Demographics Supporting Long-Term Retail Performance

Executive Summary

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 best-in-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.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

7,050 SF

Building Class

Year Built

2006

Price

$6,784,150

Price Per SF

$962.29

Cap Rate

NOI

$407,049

Tenancy

Single

Building Height

1 Story

Building FAR

0.10

Lot Size

1.63 AC

Zoning

C-3

Parking

110 Spaces (15.6 Spaces per 1,000 SF Leased)

Frontage

140’ on Hall Rd

Bus Line

Pylon Sign

Signage

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
6,932 SF
Restaurant
Outparcel
Now

Boston’s Restaurant & Sports Bar available for sale or lease in Shelby Township, Michigan. Ideally situated on an outlot to Meijer at the corner of Hall & Hayes Roads. Hall Road (M-59) features prime shopping/dining experiences and has earned the title “Golden Corridor” due to its significant economic influence in Metro Detroit. Nearby retailers include Costco, Starbucks, Portillo’s, Jollibee, Marshalls & HomeGoods, Lowe’s, Target, Total Wine & More, and many other national retailers.