Back to Search
Dollar General Anchored Shopping Center

25205 Gratiot Ave Roseville, MI 48066

Claim this Listing
For Sale
Contact for pricing

24,887 SF shopping center anchored by Dollar General.

Type:Retail
Property size:
24,887 SF
Price / SF:
$116/SF
Added:
Dec 15, 2022
Days on Market:
1305
Last Refresh:
May 19 at 9:13 pm

Property Features for 25205 Gratiot Ave

General Information

Standard status
Active
Size
24,887 SF
Property subtype
Retail

Building Details

Year Built
1960

Listing office Thomas Duke Company

Listing date Dec 15, 2022

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 Thomas Duke Company


Investment Insights

Based on property information with market context.

This commercial real estate offering is a 24,887 square foot shopping center anchored by Dollar General. The property is located in Roseville, Michigan.

Key Highlights

  • Dollar General Anchored Shopping Center
  • 24,887 SF Shopping Center for sale
  • Located in Roseville, MI

Local Financial Insights For 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 $298.6k $12.00
− Vacancy −$35.8k −$1.44
EGI $262.8k $10.56
− OpEx −$78.8k −$3.17
NOI $184.0k $7.39
24,887 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $183,965 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.66M
$4.08M – $5.44M (±1% cap)
NOI $326,147 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Young Tycoons Trucking Company Great Lakes Reptiles (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Dental Office Auto Parts Store Gym & Fitness Center HVAC Service

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

Similar Off Market Nearby

  • Secretary of State Self-service Station — 30800 Little Mack Ave, Roseville, MI 48066
  • Gratiot Plaza — 30785 Gratiot Ave, Roseville, MI 48066
  • Coin Cloud Bitcoin ATM — 19901 Masonic, Roseville, MI 48066
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Michigan, 20891 E Thirteen Mile Rd, Roseville, MI 48066
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Michigan 30851, 30851 Gratiot Ave, Roseville, MI 48066

FAQs

What type of property is this?
Shopping center - 24,887 SF shopping center anchored by Dollar General.
Where is this shopping center located?
The property is located at 25205 Gratiot Ave Roseville, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Dollar General Anchored Shopping Center; 24,887 SF Shopping Center for sale; Located in Roseville, MI
Contact an agent
(248) 476-3700 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message