Your email has been sent.
Twelve Mile Crossing at Fountain Walk 44225-44325 W 12 Mile Rd 10,000 SF of 4-Star Retail Space Available in Novi, MI 48377
Sublease Highlights
- Turn Key high end restaurant sub-lease
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste H-160 | 10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste H-160
This turnkey restaurant is a fantastic opportunity for established restaurateurs looking to expand their presence in the bustling suburban Detroit area. The restaurant is located in Twelve Mile Crossing at Fountain Walk (www.twelvemilecrossing.com). With approximately 10,000 square feet of beautifully decorated dining space, including a separate lounge area with two large double-sided fireplaces, this restaurant offers an inviting and upscale atmosphere for patrons. The restaurant is currently part of the HUB Stadium and the lease will be a HUB Stadium sublease. The kitchen is equipped with high-quality equipment, including the Infierno wood grill by Grillworks and a wood/gas pizza oven by Marra Forni, making it ideal for preparing a wide range of culinary delights. Additionally, the lounge features an oversized baby grand piano with self-player capabilities, enhancing the overall dining experience. The kitchen equipment included is as follows: • Pizza oven • Flat top grill • Two fryers • One ice machine with two ice holders • Dish pit • Three-compartment sink • Refrigerated countertop condiment prep station (cold rail, six-drawer unit) • Three hand wash sinks • Four heat lamps • Six-burner cooktop with salamander • Hot water tank • Four-drawer unit • Partial walk-in cooler with three metal shelves The property's prime location within a popular restaurant and entertainment center, as well as its proximity to a large movie theater and extensive retail space, ensures a steady flow of potential customers. Don't miss this opportunity to lease a turnkey high end restaurant in a prime location with excellent amenities. Contact us today to schedule a viewing and discuss lease terms.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- High End Trophy Space
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.
Property Facts
| Total Space Available | 10,000 SF | Total Land Area | 15.59 AC |
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Freestanding | Parking Ratio | 3.86/1,000 SF |
| Gross Leasable Area | 161,810 SF |
| Total Space Available | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 161,810 SF |
| Total Land Area | 15.59 AC |
| Year Built | 2002 |
| Parking Ratio | 3.86/1,000 SF |
About the Property
This turnkey restaurant is a fantastic opportunity for established restaurateurs looking to expand their presence in the bustling suburban Detroit area. The restaurant is located in Twelve Mile Crossing at Fountain Walk (www.twelvemilecrossing.com). With approximately 10,000 square feet of beautifully decorated dining space, including a separate lounge area with two large double-sided fireplaces, this restaurant offers an inviting and upscale atmosphere for patrons. The restaurant is currently part of the HUB Stadium and the lease will be a HUB Stadium sublease. The kitchen is equipped with high-quality equipment, including the Infierno wood grill by Grillworks and a wood/gas pizza oven by Marra Forni, making it ideal for preparing a wide range of culinary delights. Additionally, the lounge features an oversized baby grand piano with self-player capabilities, enhancing the overall dining experience. The property's prime location within a popular restaurant and entertainment center, as well as its proximity to a large movie theater and extensive retail space, ensures a steady flow of potential customers. Don't miss this opportunity to lease a turnkey high end restaurant in a prime location with excellent amenities. Contact us today to schedule a viewing and discuss lease terms.
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
Twelve Mile Crossing at Fountain Walk | 44225-44325 W 12 Mile Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.