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4305-4313 W 13 Mile Rd 4,800 SF of Retail Space Available in Royal Oak, MI 48073
Highlights
- Fully built-out restaurant space Fully equipped commercial kitchen Existing restaurant infrastructure and fixtures Liquor license available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4313 | 4,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 4313
Liquor license , negotiable price for rent
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 4305-4313 W 13 Mile Rd, Royal Oak, MI 48073
- Tenant
- Description
- US Locations
- Reach
- Beval Medical Equipment & Supplies
- Wholesaler
- 1
- -
- Edo Ramen
- Restaurant
- 1
- -
- Thomas Medical Equipment Group
- Health Care
- 1
- -
| Tenant | Description | US Locations | Reach |
| Beval Medical Equipment & Supplies | Wholesaler | 1 | - |
| Edo Ramen | Restaurant | 1 | - |
| Thomas Medical Equipment Group | Health Care | 1 | - |
Property Facts
| Total Space Available | 4,800 SF | Gross Leasable Area | 6,281 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Total Space Available | 4,800 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,281 SF |
| Year Built | 1961 |
| Parking Ratio | 10/1,000 SF |
About the Property
Turnkey Restaurant Opportunity | Liquor License | Fully Equipped Kitchen | Large Patio | Ample Parking An exceptional opportunity to lease a fully built-out and fully equipped restaurant space in a highly desirable Royal Oak location. This turnkey restaurant offers an established layout and infrastructure, allowing a new operator to move in and begin operations without the time and expense associated with a new restaurant build-out. PROPERTY HIGHLIGHTS Fully built-out restaurant space Fully equipped commercial kitchen Existing restaurant infrastructure and fixtures Liquor license available — subject to applicable transfer and regulatory approvals Large front outdoor patio Ample on-site parking Excellent visibility and accessibility Located on W. 13 Mile Road Just blocks from Beaumont Hospital Established restaurant and commercial corridor Dining area with bar seating Attractive existing interior with distinctive décor Multiple dining areas suitable for a variety of restaurant concepts TURNKEY OPPORTUNITY The space is ideal for an experienced restaurant operator looking to avoid the substantial costs and delays associated with constructing a restaurant from the ground up. The existing build-out includes a functioning dining area, bar, commercial kitchen, service areas, lighting, furnishings, and other restaurant infrastructure. A significant amount of the equipment and improvements necessary to operate a restaurant are already in place. LOCATION Situated along W. 13 Mile Road in Royal Oak, the property benefits from strong surrounding residential and commercial activity and convenient access to major area roads. The location is just blocks from Beaumont Hospital, providing potential exposure to hospital employees, patients, visitors, nearby residents, and surrounding businesses.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
S & H Investment & Management
4305-4313 W 13 Mile Rd
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