Building Details

Buildings 1

Tenancy Single

Abandoned No

Listing Agency: Marcus & Millichap - Detroit

Listed By: Seth Haron · License #MI 6501373006

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:39AM

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Investment Insights

Based on property information with market context.

The property at 2495 Cedar St in Delhi Charter Township operates as a single-tenant Kroger grocery store with an on-site fuel center. Kroger has occupied the location for nearly forty years, added the fuel center in 2009, expanded the store in 2013, and replaced the parking lot. The lease has been extended through 2030.

Cedar Street carries more than 45,000 vehicles per day, while Interstate-96 is less than one mile away and records traffic exceeding 50,000 vehicles per day. The property is positioned within a retail market containing more than 5.8 million square feet within five miles, with nearby retailers including Target, Menards, Planet Fitness, Dollar Tree, ALDI, and GameStop.

More than 104,000 people live within five miles, with a comparable daytime population. Michigan State University enrolls over 50,000 students and occupies a 5,200-acre campus, while the Michigan State Capitol area includes more than 14,000 government-related jobs.

Key Highlights

• Single‑tenant Kroger grocery store with an on‑site fuel center
• Kroger occupancy at the site for nearly forty years
• Lease extended through 2030

Property Analytics

Property Profile

Current Use

Bookshelf (Bike/Boat/Book/etc) Store Kroger Money Services Check Cashing Western Union Bank Kroger Grocery & Convenience Store Rivers of Life Church Church

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

564

Businesses Nearby

158k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Groceries 23% Shops & Services 21% Home Improvements & Furnishings 15%

Kroger Groceries

36,800 visits/mo 0.1 miles

McDonald's Dining

25,238 visits/mo 0.3 miles

Lowe's Home Improvements & Furnishings

23,050 visits/mo 0.3 miles

Taco Bell Dining

16,095 visits/mo 0.2 miles

Kroger Fuel Center Shops & Services

12,133 visits/mo 0.0 miles

Demographics for 48842, MI

21,548

Population

9,573

Households

2.3

Avg Household Size

40

Median Age

39%

College-Educated

93%

High-School Grad

17.2 sq mi

ZIP Area

1,253

Density / Sq Mi

$86,830

Median Household Income

$50,275

Median Earnings

$1,245

Median Rent

$211,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Single-tenant grocery property with an established fuel center and a recently replaced parking lot.

Where is this grocery and convenience store located?

The property is located at 2495 Cedar St Holt, MI.

What are key features of this property?

This property features: Single‑tenant Kroger grocery store with an on‑site fuel center; Kroger occupancy at the site for nearly forty years; Lease extended through 2030