Listing Agency: Gerdom Realty & Investment

Listed By: Tjader T. S. Gerdom · License #6502367710 Show Phone

Source: Cpix.resimplifi

Added: May 7 Changed: Aug 27 Last Checked: Sep 5 at 3:39AM

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Investment Insights

Based on property information with market context.

Retail storefront suites are available at a shopping center anchored by established tenants including AT&T, Verizon Wireless, UPS, Hungry Howie’s Pizza, and the recently expanded Lance Keller Studio. Signage is available, providing branding opportunities for incoming businesses.

The center is located at the southeast corner of Gratiot Avenue and 21 Mile Road in growing Chesterfield Township. It offers excellent visibility to both 21 Mile and Gratiot, with easy access to nearby expressways, positioned about a half mile west of I-94 and roughly one mile north of M-59 (Hall Road).

Key Highlights

• Retail center storefront space with prominent visibility along 21 Mile Road and Gratiot Avenue
• Located at the southeast corner of Gratiot Avenue & 21 Mile Road
• Surrounding tenants include AT&T, Verizon Wireless, UPS, Hungry Howies Pizza, and Lance Keller Studio

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Pharmacy Real Estate Agency Restaurant Building Supply Garden Center

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

356

Businesses Nearby

53k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 82% Dining 12% Electronics 4% Home Improvements & Furnishings 2%

Speedway Shops & Services

16,940 visits/mo 0.4 miles

Genisys Credit Union Shops & Services

5,877 visits/mo 0.5 miles

Exxon Shops & Services

5,501 visits/mo 0.1 miles

Fifth Third Bank & ATM Shops & Services

4,584 visits/mo 0.0 miles

The UPS Store Shops & Services

4,327 visits/mo 0.0 miles

Demographics for 48051, MI

17,718

Population

7,255

Households

2.4

Avg Household Size

40

Median Age

24%

College-Educated

91%

High-School Grad

14.2 sq mi

ZIP Area

1,248

Density / Sq Mi

$89,923

Median Household Income

$50,569

Median Earnings

$1,064

Median Rent

$247,500

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Storefront space available in a retail center with prominent visibility along 21 Mile and Gratiot Avenue.

Where is this shopping center located?

The property is located at 46948-46970 Gratiot Avenue New Baltimore, MI.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Retail center storefront space with prominent visibility along 21 Mile Road and Gratiot Avenue; Located at the southeast corner of Gratiot Avenue & 21 Mile Road; Surrounding tenants include AT&T, Verizon Wireless, UPS, Hungry Howies Pizza, and Lance Keller Studio