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Bank Building with Safety Vault

14501 Gratiot Ave, Detroit, MI 48205

For Lease
New
$5,000/Mo NNN

A 60-month NNN lease includes a first option and substantial basement storage.

Space Size3,808 SF
Days on Market4

Property Features for 14501 Gratiot Ave

General Information

Standard status Active
Size 3,808 SF
Net Rentable 3,808 SF
Total Parking Spaces 50
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 3,808 SF
Contiguous Space 3,808 SF

Site & Location

Neighborhood Regent Park

Additional Details

Lease Term 60 months

Amenities

Security glass and doors
Walk-in safety vault
Large basement for storage

Building Details

Building Size 3,808 SF
Year Built 1957
Listing Agency: 20th Century Real Estate
Listed By: Alfonso Griffin · License #6501116121
Source: Elliman
Added: Nov 6 Last Checked: Nov 8 at 6:43AM

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 20th Century Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1957, this 3,808-square-foot bank building retains security glass and doors, along with a walk-in safety vault. A large basement provides additional storage, and the property includes a sizable parking area. The space is offered under a 60-month NNN lease with a first option.

Key Highlights

  • 3,808‑square‑foot former bank building
  • Walk‑in safety vault and security glass and doors remain in place
  • Large basement storage area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Citizens Bank Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Gym & Fitness Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 34% Apparel 21%
McDonald's Dining
17,931 visits/mo 0.3 miles
Family Dollar Shops & Services
10,202 visits/mo 0.1 miles
BP Shops & Services
8,076 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
7,629 visits/mo 0.3 miles
Church's Chicken Dining
4,424 visits/mo 0.2 miles

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025

Frequently Asked Questions

What type of property is this?
Bank - A 60-month NNN lease includes a first option and substantial basement storage.
Where is this bank located?
The property is located at 14501 Gratiot Ave Detroit, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 3,808‑square‑foot former bank building; Walk‑in safety vault and security glass and doors remain in place; Large basement storage area
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