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- LoopNet Team
28875 Franklin Rd
Southfield, MI 48034
Starbucks · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Corner Lot
- Drive Thru
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
About 28875 FRANKLIN RD , SOUTHFIELD, MI 48034
The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for a freestanding, new construction 2,200-square foot prototype Starbucks built-to-specification with drive-thru located in Southfield, Michigan. The store is a relocation from a highly successful in-line elbow location on the same Northwestern Hwy thoroughfare, now situated on the south side of this prominent and tremendously busy intersection which is among the busiest statewide. The tenant is operating on a brand new ten-year initial lease that includes (4) 5 year options and over 4% rent increases every 5 years and no lease kick-out clause. The investment offers a corporate guarantee from Starbucks, the largest coffeehouse brand in the nation that currently operates over 23,000 locations worldwide and a premier S&P A- Rating. The subject property is located on the consistently busy north-south state trunkline highway M-10, also known as Northwestern Hwy, and 12 Mile Road, in a dense retail trade area that sees over 150,000 vehicles traveling per day. Retailers in the immediate vicinity include Meijer, Lowe’s, Walgreens, CVS, Chase Bank, McDonald’s, Burger King, Dunkin’ Donuts, Panera Bread The UPS Store, Family Dollar, along with impressive access to premier hotels, corporate offices and residential developments. Southfield is a city in Oakland County of the US state of Michigan. It is a northern suburb of Detroit, MI. A part of Metro Detroit's upscale office market, the city's marque is a cluster of five golden skyscrapers – known as the "Golden Triangle" – that form the contemporary 2,200,000 square feet Southfield Town Center office complex with a Westin Hotel and a conference center. In addition, a 33-story luxury residential high-rise is separate from the complex. To the west, near the confluence of I-696/Reuther Freeway and M-10/Lodge Freeway, is the American Center. Southfield is one of the main commercial and business centers for the metropolitan Detroit area, with over 27,000,000-square feet of office space, second in the Detroit metro area to only Detroit’s central business district.
Property Taxes
| Parcel Number | 24-18-201-055 | Improvements Assessment | $429,840 |
| Land Assessment | $186,220 | Total Assessment | $616,060 |
Property Taxes
