Multi-Tenant Retail
20880 GRATIOT AVE, Eastpointe, MI 48021
For Sale
New
Contact for pricing
The two-parcel property includes space available for leasing or suite conversion.
Property SizeContact for details
Lot Size4.83 Acres
Days on Market7
Property Features for 20880 GRATIOT AVE
General Information
Standard status
Lot size
Property subtype
Additional Details
Asking Price
Building Details
Tenancy
Listing Agency:
3DX Real Estate
Listed By:
Joseph Ayers · License MI #379291
Source:
Crexi
Added: Nov 3
Changed: Nov 9
Last Checked: Nov 8 at 5:21PM
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 3DX Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-tenant retail center comprises two parcels totaling approximately 4.83 acres. About 12,960 square feet is available for leasing or potential suite conversion. The scheduled tenant mix includes a gym, family entertainment business, church, kitchen, photography, printing, and other service businesses. A proposed gym lease has a 10-year term and remains subject to final execution. Owner-reported work includes exterior painting, parking-lot improvements, selected mechanical updates, and tenant build-outs.
The property is positioned along Gratiot Avenue and Eight Mile Road in Eastpointe, Michigan. The available area offers a defined opportunity for additional leasing or reconfiguration, subject to construction and approvals.
The property is positioned along Gratiot Avenue and Eight Mile Road in Eastpointe, Michigan. The available area offers a defined opportunity for additional leasing or reconfiguration, subject to construction and approvals.
Key Highlights
- Approximately 4.83 acres across two parcels
- About 12,960 square feet available for leasing or suite conversion
- Located along Gratiot Avenue and Eight Mile Road
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 36%
Groceries 11%
Electronics 6%
Dollar Tree
Shops & Services
16,972 visits/mo
0.1 miles
Aldi
Groceries
15,887 visits/mo
0.3 miles
White Castle
Dining
13,359 visits/mo
0.2 miles
BP
Shops & Services
12,854 visits/mo
0.1 miles
Burger King
Dining
10,456 visits/mo
0.1 miles
Demographics for 48021, MI
34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Shopping centers in Macomb County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - The two-parcel property includes space available for leasing or suite conversion.
Where is this shopping center located?
The property is located at 20880 GRATIOT AVE Eastpointe, MI.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Approximately 4.83 acres across two parcels; About 12,960 square feet available for leasing or suite conversion; Located along Gratiot Avenue and Eight Mile Road
