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    29999 Groesbeck Hwy Roseville, MI 48066

    For Sale
    Contact for pricing

    Profitable retail property with long-term lease and income stream.

    Property size:
    5,000 SF
    Lot size:
    0.73 Acres

    Property Features for 29999 Groesbeck Hwy

    General Information

    Size
    5,000 SF
    Lot size
    0.73 Acres

    Source: Iconic Real Estate Agent Kees Janeway

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

    Overview

    Established Retail Property For Sale

    This retail property offers a ready long-term income stream with 8 years remaining on the lease. The rent as of October 1, 2025, is $381,924 annually, which translates to $31,827 per month, with 3% annual increases starting October 1, 2026. The property features a modern interior layout and secure facility. It is equipped with built-out cannabis retail infrastructure and is ready for curbside pickup and delivery. The location offers high visibility with significant traffic. The business has a strong local reputation and a loyal customer base.
    Insight Report Location Intelligence

    Current Use by Public Records

    A&B Motors Groesbeck Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.952331
    Latitude
    42.517722

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    FAQs

    What type of property is this?
    Retail space - Profitable retail property with long-term lease and income stream.
    Where is this retail space located?
    The property is located at 29999 Groesbeck Hwy Roseville, MI.
    What are key features of this property?
    This property features: - Ready long-term income stream; - High visibility location with significant traffic; - Rent increases 3% annually starting 10/1/2026
    (313) 603-4266
    Request Owner's contact information
    29999 Groesbeck Hwy Roseville, MI 48066
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    Roseville, MI 48066
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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
    29999 Groesbeck Hwy Roseville, MI 48066
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