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    37701 S Gratiot Ave Clinton Township, MI 48036

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    For Sale
    $1,690,000

    Shopping center with high traffic, ample parking, and easy access.

    Property size:
    23,397 SF
    Lot size:
    10.55 Acres

    Property Features for 37701 S Gratiot Ave

    General Information

    Size
    23,397 SF
    Lot size
    10.55 Acres

    Source: NAI Farbman - Corporate Agent Brad Margolis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    23,397 SF Shopping Center

    This 23,397 square foot shopping center features Rent-A-Center and Lucky Nails as current tenants. Available for lease are spaces ranging from 1,500 to 7,000 square feet, as well as a 6,062 square foot space. The property benefits from ample frontage on Gratiot Avenue, which experiences extremely high traffic counts. A large monument sign provides significant commercial exposure. Abundant parking is available, and the property offers easy access with smooth ingress and egress. Competitive lease rates are offered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ingleside Center, Secretary of State Self-service Station

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.889926
    Latitude
    42.57564

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    FAQs

    What type of property is this?
    Shopping center - Shopping center with high traffic, ample parking, and easy access.
    Where is this shopping center located?
    The property is located at 37701 S Gratiot Ave Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - Ample Frontage on Gratiot with Extremely High Traffic Counts; - Large Monument Sign Provides Phenomenal Commercial Exposure; - 23,397 SF Shopping Center with Existing Tenants (Rent-A-Center and Lucky Nails)
    (248) 351-4367
    Request Owner's contact information
    37701 S Gratiot Ave Clinton Township, MI 48036
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    Clinton Township, MI 48036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37701 S Gratiot Ave Clinton Township, MI 48036
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