3880 E Grand River Ave
Howell, MI 48843

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans Property. The property consists of approximately 5,190 square feet of building space and is situated on approximately 1.69 acres of land. The property will be subject to a 20-year triple net (NNN) lease. The lease will commence on April 28, 2017. The base rent is $70,000 with two percent annual rental increases. The increases will continue through the six, five-year tenant renewal options. The tenant will be a newly formed entity consisting of all Bob Evans Restaurants. This Bob Evans is located at 3880 East Grand River Avenue in Howell, Michigan. Howell is a city in and the county seat of Livingston County. The city is located mostly within Howell Township. It is part of the South Lyon-Howell-Brighton Urban Area. Howell is situated approximately 40 miles from Lansing and 50 miles from Detroit on U.S. Interstate-96. There are approximately 18,220 people within a three-mile radius of this property and more than 44,389 within a five-mile radius. Strong average daily traffic counts in the area on East Grand River Avenue and South Latson Road, with 32,819 and 19,871 vehicles daily, respectively.