11288 Gratiot Ave, Detroit, MI 48213
Freestanding building with drive-thru infrastructure, ample parking, and significant frontage along a major commercial corridor.
- Added:
- Aug 2, 2025
- Days on Market:
- 326
- Last Refresh:
- Jun 22 at 1:46 am
Property Features for 11288 Gratiot Ave
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.54 Acres
Listing agent Peter Gojcaj (248) 509-8950
Listing office PG Real Estate Group Inc (248) 509-8950
Listing date Aug 2, 2025
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of PG Real Estate Group Inc
HighLights
- 2,000 SF freestanding building with drive‑thru infrastructure
- 0.54‑acre parcel with approximately 220 ft of frontage along a major commercial corridor
- Ample on‑site parking to support drive‑thru and customer traffic
- Zoned B4 (General Business District) supporting a wide range of commercial uses
- Located minutes from I‑94 and downtown Detroit, along a high‑traffic Gratiot Avenue commuter route
Overview
The property is positioned along one of Detroit’s most heavily trafficked commercial corridors, Gratiot Avenue, which is described as exceeding 30,000 vehicles per day. It also notes that the site is just minutes from I-94 and downtown Detroit, with the area characterized by dense residential housing and established businesses.
Zoned B4 (General Business District), the site supports a wide range of commercial uses. With existing drive-thru functionality, the property may be a strong fit for tenants seeking high-visibility branding and operational flow typical of quick-service restaurants, retail users, or professional service operators looking to serve customers from a heavily traveled route.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $18.60 |
| − Vacancy | −$2.0k | −$1.00 |
| EGI | $35.2k | $17.60 |
| − OpEx | −$8.8k | −$4.40 |
| NOI | $26.4k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9939503
- Latitude
- 42.409567
