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Advance Auto Parts For Sale

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

HighLights

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
Lease supports two 5‑year options with 5% rental increases in each option.
High Traffic Location: over 42,000+ VPD on Gratiot Ave and N Park Ave; inform about 135,000+ VPD and 151,000+ VPD within 2 Miles to I‑696 and I‑94.
Excellent Demographics – Over 375,000 People in a 5‑Mile Radius

We can help!

Listing Contact

Brent Hanna

Learn more

For Sale

$2,050,000

Advance Auto Parts property with corporate guarantee and strong demographics.

Type:Retail

Added:: Mar 30, 2026
Days on Market:: 73
Last Refresh:: Apr 3 at 6:25 am

Property Features for 22901 Gratiot Ave

General Information

Standard status: Active
Property subtype: Retail

We can help!

Listing Contact

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

HighLights

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
Lease supports two 5‑year options with 5% rental increases in each option.
High Traffic Location: over 42,000+ VPD on Gratiot Ave and N Park Ave; inform about 135,000+ VPD and 151,000+ VPD within 2 Miles to I‑696 and I‑94.
Excellent Demographics – Over 375,000 People in a 5‑Mile Radius

Overview

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

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Location Insight

Map
Local Demand

City: Eastpointe
County: Macomb
State: Michigan
Longitude: -82.957322
Latitude: 42.466608

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For sale
Automotive properties
MI
Eastpointe
48021
22901 Gratiot Ave

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

22901 Gratiot Ave, Eastpointe, MI 48021

Advance Auto Parts property with corporate guarantee and strong demographics.

Property Features for 22901 Gratiot Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Historic Farmhouse Office Building

Corner Retail and Office Building

Former Medical Office Building

Eastpointe Commercial Building on 9 Mile

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Commercial Storefront Building

End-Unit Retail Storefront

Gratiot Ave Retail Investment Opportunity

Eastpointe Commercial Space on Corner

Eastpointe Gas Station For Sale

Historic Farmhouse for Commercial Use

Eastpointe Church Building For Sale

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