Listing Agency: ParaSell Inc

Listed By: Scott Reid · License #9009637

Source: Crexi

Added: Mar 24 Changed: Jul 6 Last Checked: Aug 4 at 12:22PM

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Investment Insights

Based on property information with market context.

This property features a Kroger fuel station operating under a long-term absolute NNN lease. The location benefits from high visibility.

Key Highlights

• Long‑Term Absolute NNN Lease
• Kroger Fuel Station
• High‑Visibility Location

Property Analytics

Property Profile

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service

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

Location Intelligence

Trade Area within ½ mile

555

Businesses Nearby

273k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Groceries 26% Shops & Services 25% Home Improvements & Furnishings 4%

Kroger Groceries

49,207 visits/mo 0.1 miles

Aldi Groceries

20,835 visits/mo 0.2 miles

Mobil Shops & Services

19,223 visits/mo 0.1 miles

Five Below Shops & Services

19,080 visits/mo 0.2 miles

Starbucks Dining

18,791 visits/mo 0.1 miles

Demographics for 48328, MI

24,178

Population

11,938

Households

2

Avg Household Size

43

Median Age

27%

College-Educated

93%

High-School Grad

8.9 sq mi

ZIP Area

2,717

Density / Sq Mi

$69,788

Median Household Income

$42,084

Median Earnings

$1,041

Median Rent

$210,800

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 gas stations located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Gas station - Long-term NNN lease, high-visibility Kroger fuel station.

Where is this gas station located?

The property is located at 4941 Highland Rd Waterford, MI.

What is the asking price?

The asking price for this property is $857,000.

What are key features of this property?

This property features: Long‑Term Absolute NNN Lease; Kroger Fuel Station; High‑Visibility Location