Gratiot Avenue Investment
25333 Gratiot Ave Roseville, MI 48066
25333 Gratiot Ave, Roseville, MI, 48066
Contact for pricing
For Sale
Contact for pricing
Pending
Mixed-use property with drive-thru, excellent exposure, and investment potential.
Property Size12,340 SF
Days on Market2013
Property Features for 25333 Gratiot Ave
General Information
- Standard status
- Pending
- Size
- 12,340 SF
- Property subtype
- Industrial, Mixed Use, Retail
Building Details
- Year Built
- 1955
Listing agency
Pilot Property Group
Listed by
Alex Termini · License #MI 6501392648
Source
Crexi
Added: Jan 15, 2021 Updated: Jul 10 at 3:45PM Checked: Jul 21 at 5:49AM
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 Pilot Property Group
Investment Insights
Based on property information with market context.
This mixed-use property offers an investment opportunity or potential for owner occupancy. One unit features drive-thru capability and two roll-up doors. The property benefits from its exposure on Gratiot Avenue and proximity to the 696 Expressway. The property size is 12340 square feet. Contact broker for more details and equipment list.
Key Highlights
- Drive‑thru capability on one unit.
- Excellent exposure on Gratiot Avenue.
- Minutes to 696 Expressway.
Local Financial Insights For Industrial
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 | $100.7k | $8.16 |
| − Vacancy | −$5.6k | −$0.46 |
| EGI | $95.1k | $7.70 |
| − OpEx | −$28.5k | −$2.31 |
| NOI | $66.5k | $5.39 |
12,340 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$2.09M
$1.83M – $2.44M
NOI $146,599 @ 7.0% cap · market cap 19.55%
Second Best
Retail
$1.30M
$1.14M – $1.52M
NOI $91,217 @ 7.0% cap · market cap 12.16%
Theoretical Best
Specialty Retail
$2.31M
$2.02M – $2.70M
NOI $161,717 @ 7.0% cap · market cap 21.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
EK Auto Glass ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with drive-thru, excellent exposure, and investment potential.
Where is this mixed-use property located?
The property is located at 25333 Gratiot Ave Roseville, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Drive‑thru capability on one unit.; Excellent exposure on Gratiot Avenue.; Minutes to 696 Expressway.