Building Details

Building Size 4,122 SF

Year Built 2002

Listed By: Monique Carter · License #6506045427 Show Phone

Source: Carterassociatesrealty

Added: Aug 25 Changed: Oct 25 Last Checked: Oct 26 at 3:37AM

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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 Monique Carter

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Investment Insights

Based on property information with market context.

This 4,122-square-foot restaurant property at 3024 Krafft Road in Fort Gratiot Charter Township, Michigan, was previously occupied by Hooters. Built in 2002, the building is zoned Commercial.

Key Highlights

• 4,122‑square‑foot restaurant property
• Previously occupied by Hooters
• Built in 2002

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.34 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

578

Businesses Nearby

316k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 28% Shops & Services 24% Groceries 17% Apparel 16%

T.J. Maxx Apparel

44,092 visits/mo 0.2 miles

Kroger Groceries

35,569 visits/mo 0.2 miles

The Home Depot Home Improvements & Furnishings

26,196 visits/mo 0.4 miles

Aldi Groceries

18,465 visits/mo 0.3 miles

Dollar Tree Shops & Services

17,738 visits/mo 0.3 miles

Demographics for 48059, MI

15,319

Population

7,324

Households

2.1

Avg Household Size

47

Median Age

30%

College-Educated

94%

High-School Grad

31.7 sq mi

ZIP Area

483

Density / Sq Mi

$78,841

Median Household Income

$44,716

Median Earnings

$956

Median Rent

$199,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Former Gander Outdoors Retail Space

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The property combines a prior restaurant use with commercial zoning.

Where is this conventional restaurant located?

The property is located at 3024 Krafft Road Fort Gratiot, MI.

What is the lease rate?

The lease rate is $3,074/Mo.

What are key features of this property?

This property features: 4,122‑square‑foot restaurant property; Previously occupied by Hooters; Built in 2002