33060 GROESBECK Highway, Fraser, MI 48026
Former Dairy Queen restaurant, great investment opportunity.
- Added:
- Mar 12, 2026
- Days on Market:
- 117
- Last Refresh:
- Apr 5 at 8:54 pm
Property Features for 33060 GROESBECK Highway
General Information
- Standard status
- Active
- Size
- 1,127 SF
- Lot size
- 0.13 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1970
Listing office KW Professionals (734) 459-4700
Listing date Mar 12, 2026
Source Exitrealty
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 KW Professionals
HighLights
- Investment opportunity
- Located in Fraser
- Former Dairy Queen
- Priced to sell
- Year Built: 1970
- Schedule your showing today
Overview
Local Financial Insights For Specialty 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 | $22.3k | $19.80 |
| − Vacancy | −$2.6k | −$2.33 |
| EGI | $19.7k | $17.47 |
| − OpEx | −$4.9k | −$4.37 |
| NOI | $14.8k | $13.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fraser
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9336
- Latitude
- 42.5401
