Full-Service Gas Station
1237 E W MAPLE RD Walled Lake, MI 48390
1237 E W MAPLE RD, Walled Lake, MI, 48390
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For Sale
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Full-service destination gas station with a drive-thru and convenience-focused retail concept.
Property Size6,700 SF
Price / SF$252.99
Days on Market51
Property Features for 1237 E W MAPLE RD
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Property subtype
- Retail, Land
Building Details
- Year Built
- 2026
Listing agency
365 REALTY
(248) 669-7400
Listed by
Jonathan Semma · License #MI 6501299856
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:53PM Checked: Jul 17 at 8:07AM
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 365 REALTY
Investment Insights
Based on property information with market context.
The Station Market is an approximately 6,700-square-foot full-service destination combining a modern gas station with convenience-driven retail. The offering is designed to include an upscale convenience experience with prepared foods and a premium selection of liquor, beer, and wine. Inside, the planned layout is meant to showcase a broad variety of fresh fruits, vegetables, and specialty grocery items.
The property is configured as a drive-thru market to support efficient service for customers. This makes the site well-suited to high-frequency needs associated with daily commuting and neighborhood shopping patterns.
For operators or buyers seeking an established full-service fuel and convenience format, the combination of drive-thru service and grocery and prepared-food merchandising supports a practical day-to-day retail offering. The concept centers on convenience, including specialty grocery items and an alcohol assortment, within a modern station setting.
The property is configured as a drive-thru market to support efficient service for customers. This makes the site well-suited to high-frequency needs associated with daily commuting and neighborhood shopping patterns.
For operators or buyers seeking an established full-service fuel and convenience format, the combination of drive-thru service and grocery and prepared-food merchandising supports a practical day-to-day retail offering. The concept centers on convenience, including specialty grocery items and an alcohol assortment, within a modern station setting.
Key Highlights
- New construction (Year built: 2026) full‑service destination gas station
- Approximately 6,700± SF full‑service facility with drive‑thru
- Convenience‑focused retail concept designed to serve daily commuters and neighborhood residents
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 | $144.7k | $21.60 |
| − Vacancy | −$9.8k | −$1.47 |
| EGI | $134.9k | $20.13 |
| − OpEx | −$33.7k | −$5.03 |
| NOI | $101.2k | $15.10 |
6,700 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.45M
$1.26M – $1.69M
NOI $101,159 @ 7.0% cap · market cap 5.97%
Second Best
Retail
$1.03M
$901.2K – $1.20M
NOI $72,095 @ 7.0% cap · market cap 4.25%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Full-service destination gas station with a drive-thru and convenience-focused retail concept.
Where is this gas station located?
The property is located at 1237 E W MAPLE RD Walled Lake, MI.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: New construction (Year built: 2026) full‑service destination gas station; Approximately 6,700± SF full‑service facility with drive‑thru; Convenience‑focused retail concept designed to serve daily commuters and neighborhood residents
