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22901 Gratiot Ave Eastpointe, MI 48021

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For Sale
$2,050,000

Advance Auto Parts property with corporate guarantee and strong demographics.

Type:Retail
Added:
Mar 30, 2026
Days on Market:
25
Last Refresh:
Apr 3 at 6:25 am

Property Features for 22901 Gratiot Ave

General Information

Standard status
Active
Property subtype
Retail

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Listing Contact
Brent Hanna
Brent Hanna

Listing agent Brent Hanna

Listing office Encore Real Estate Investment Services

Listing date Mar 30, 2026

Source Cpix.resimplifi

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 Encore Real Estate Investment Services


Overview

Advance Auto Parts For Sale

This property was built-to-suit for Advance Auto Parts in 2008. The tenant extended the lease early in 2022, demonstrating a strong commitment to the location. The lease supports two 5-year options, each with 5% rental increases. The property benefits from multiple points of ingress and egress from Gratiot Ave and N Park Ave. It is located in a dense retail corridor with major national brands, including Five Guys, Petco, Wingstop, CVS, Aldi, Olive Garden, and Walgreens. The property is situated approximately 2 miles from the on/off ramps of I-696 and I-94, and about 10 miles from Downtown Detroit and 12 miles from the Detroit-Windsor Tunnel. The surrounding area has excellent demographics, with over 375,000 people residing within a 5-mile radius and an average household income exceeding $69,000 within the same radius. The property benefits from high traffic volume, with over 42,000 vehicles per day (VPD) on Gratiot Ave, 135,000+ VPD near I-696, and 151,000+ VPD near I-94. The corporate tenant has an S&P credit rating of "BB+".
Location Intelligence

Current Use by Public Records

UPS Access Point ... Courier Service Advance Auto Parts Auto Parts Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Green Pro Dumpster Service 10 mile and, gratiot ave, roseville, mi 48066

Location Insight

  • Map
  • Local Demand
City
Eastpointe
County
Macomb
State
Michigan
Longitude
-82.957322
Latitude
42.466608

FAQs

What type of property is this?
Automotive property - Advance Auto Parts property with corporate guarantee and strong demographics.
Where is this automotive property located?
The property is located at 22901 Gratiot Ave Eastpointe, MI.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Corporate Guarantee with S&P Credit Rating "BB+"; Advance Auto Parts extended the lease early in 2022, showing strong commitment to the site.; Priced Below Replacement Cost
More about this property
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