• Year Built: 1980
4641 Red Arrow Hwy is aretail property for lease in Stevensville, MI.
AVAILABLE FOR SALE – 5,100 SF free-standing restaurant on approx. 3.30-acre parcel in Stevensville, Michigan. Located adjacent to I-94, this established, casual-dining restaurant has a strong sales history and benefits from neighboring hotels, direct I-94 access at the Red Arrow Highway interchange, average daily interstate traffic of over 42,900 and a lakeshore community with an average household income of $87,246 within a 3-mile radius. Property features include seating for 144, furniture, fixtures and equipment, pylon signage, multiple ingress/egress options, 90 +/- parking spaces (with 6 barrier-free spaces) and bus/RV/semi parking. The extra-deep lot also offers room for expansion and/or additional development. Neighboring tenants include Super 8, Dairy Queen, Subway, Culver’s, Long John Silver’s, McDonald’s, Burger King, Cracker Barrel, Candlewood Suites, Baymont Inn & Suites and Comfort Inn. Sale is subject to Big Boy corporate approval and termination of existing Big Boy Franchise Agreement – new Buyer may choose to purchase a new Franchise separately. RESTAURANT IS OPEN AND FULLY OPERATIONAL – DO NOT APPROACH EMPLOYEES OR MANAGEMENT.
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