CONFIDENTIAL - Downtown Royal Oak Restaurant Property

Royal Oak is located in Oakland County, Michigan. As of the 2010 census, the city had a population of 57,236. Conveniently located near several major thoroughfares, Royal Oak's location is prime. The city is located along the Woodward Corridor, with Interstate 75 and Interstate 696 passing through Royal Oak. As a northern suburb of Metro Detroit, the city is about 3 miles north of the city of Detroit. Royal Oak developed initially as a suburb after Detroit boomed as a major industrial city. It had a compact, traditional street-side shopping district, which runs along Main Street and Washington Avenue downtown. During the 2000s, this area was redeveloped with numerous new businesses and is now considered a trendy, upscale, urban-chic district, featuring restaurants, shopping, and entertainment. A number of mixed-use high-rise developments have been constructed — mostly condo "lofts" with retail and office space on the lower levels. Downtown businesses have created a diverse, one-stop commercial district where customers find quality and personal service. Retail shops offer specialty items and many restaurants feature outdoor patios that connect visitors to the heart of Royal Oak. Street furniture provides convenient resting places and vantage points to observe the flurry of activity. Points of interest include the Detroit Zoo, a major regional tourist attraction, the William Beaumont Hospital, the Royal Oak Music Theatre, the Main Art Theatre, the Baldwin Theatre, Mark Ridley's Comedy Castle, Emagine Theater, and shops, cafes, and restaurants. Major employers in Royal Oak include William Beaumont Hospital, The City of Royal Oak, Royal Oak Public Schools, Oakland Community College, and the Detroit Zoo. The brand-new Henry Ford Medical Center – Royal Oak has services for every member of the family in a state-of-the-art, downtown facility. The hospital offers adult and pediatric primary care, a variety of specialty care services, ambulatory surgery, an urgent care Walk-In Clinic and complimentary two-hour parking in a nearby parking deck. The state-of-the-art development is a six-story, 145,000-square-foot high-tech outpatient medical center and is expected to attract thousands of unique visitors annually to the City of Royal Oak..