1635 Pine Grove Ave Port Huron, MI 48060
Successful drive-thru party store in a prime location.
Property Features for 1635 Pine Grove Ave
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing office Pilot Property Group (586) 254-0900
Listing date Jan 9, 2024
Source Crexi
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 Pilot Property Group
Investment Insights
Based on property information with market context.
Key Highlights
- Long‑Standing Successful Drive‑Thru Party Store
- Great Location
- New Lower Price
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 | $17.1k | $18.96 |
| − Vacancy | −$444 | −$0.49 |
| EGI | $16.6k | $18.47 |
| − OpEx | −$4.2k | −$4.62 |
| NOI | $12.5k | $13.85 |
