Caribou Coffee

Allen Park, Michigan, located in Wayne County, is a vibrant suburb nestled within the Detroit metropolitan area. Known for its close-knit community feel and convenient access to urban amenities, Allen Park offers residents a balanced lifestyle. The city is renowned for its strong educational institutions, including reputable public schools and proximity to higher education options. Its well-maintained parks, recreational facilities, and cultural attractions provide ample opportunities for outdoor activities and family-friendly entertainment. Additionally, Allen Park's strategic location near major highways makes it a desirable residential area for commuters, offering easy access to downtown Detroit and other neighboring cities. Economically, Allen Park benefits from a diverse mix of industries, including automotive manufacturing, retail, healthcare, and technology sectors. Its robust business environment fosters entrepreneurial growth and job opportunities for residents. The city's commitment to economic development is evident through initiatives aimed at attracting new businesses and supporting existing ones, ensuring a thriving local economy. Overall, Allen Park's blend of community spirit, quality education, recreational offerings, and economic vitality makes it an attractive place to live, work, and raise a family within the Greater Detroit area.Fortis Net Lease is pleased to present this brand new Caribou Coffee located in Allen Park, MI. The building is located at 16006 Southfield Road, Allen Park, MI. The building is approximately 600 SF and is situated on approximately 0.53 acres. This Caribou Coffee is encumbered with a 15 Year absolute NNN ground lease. The lease also includes two, five year options to extend. The subject property is strategically located approximately 0.5 miles from I-75 Highway. This location is also located in a high populous area with the five mile population exceeding 298,000 residents and the average household income within three miles exceeds $70,000. The median home value within five miles exceeds $125,000 making this a perfect location for a Caribou Coffee. This property offers a great opportunity for a passive investor with one of the nation's premium coffee shop retailers.