24935 Gratiot Ave, Eastpointe, MI 48021
Freestanding retail building on a main commercial corridor with direct street frontage and a double-net lease structure.
- Added:
- May 7, 2026
- Days on Market:
- 39
- Last Refresh:
- Jun 13 at 3:46 am
Property Features for 24935 Gratiot Ave
General Information
- Standard status
- Active
- Size
- 7,138 SF
- Lot size
- 0.30 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1928
Listing agent Ayson Shammami License #MI 6501443637 (248) 579-5042
Listing office APEX Commercial Real Estate Advisors (248) 579-5042
Listing date May 7, 2026
Source Cpix.resimplifi
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HighLights
- Freestanding retail building built in 1928 on Gratiot Ave with direct street frontage
- 7,138 SF retail building on a 0.3‑acre parcel
- Double‑net (NN) lease structure: tenant responsible for HVAC, CAM, parking lot, taxes, and insurance
- Located on a heavily traveled corridor with 44,380+ vehicles per day on Gratiot Ave
- Over 351,000 residents within 5 miles, with $65K–$77K household incomes reported
Overview
The building is positioned in a high-traffic area along Gratiot Avenue, with the marketing materials citing 44,380+ vehicles per day and 351,000+ residents within 5 miles. The surrounding area is described as a mix of established businesses, local eateries, and a strong residential presence, with nearby attractions referenced including Eastwood Park, Memorial Park, and Eastbrook Lanes. The remarks also note proximity to a number of national and regional retailers and operators, including Kroger, Aldi, Tim Hortons, Dollar General, Midas, U-Haul, Taco Bell, Checkers, and KFC.
For investors and owner-operators, the property offers a dedicated retail building configuration with in-place rent escalations noted as annual 3% increases. The double-net structure assigns multiple operating-cost responsibilities to the tenant, which may appeal to buyers looking for a hands-on, lease-backed income approach consistent with the stated lease terms.
Current Use by Public Records
Similar Places Nearby
- Bellisario Florist — 23420 Gratiot Ave, Eastpointe, MI 48021
Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.94905
- Latitude
- 42.479115
