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Retail Storefront on Gratiot
For Lease
$40 SF/Yr

50900 Gratiot Ave, New Baltimore, MI 48051

Retail storefront available along Gratiot Avenue near major national retailers with traffic counts over 52,000 vehicles per day.

Space SizeContact for details
Days on Market48

Property Features for 50900 Gratiot Ave

General Information

Standard status Active
Property subtype Retail
Zoning C4

Additional Details

Traffic Count 52,000 vehicles/day
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Cpix.resimplifi
Added: Jul 23 Changed: Sep 8 Last Checked: Sep 7 at 11:35AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This is a retail storefront space available for lease within a new retail development in a dense sub-regional market along Gratiot Avenue.

The property is positioned at the intersection of Gratiot Avenue and 23 Mile Road, with traffic counts reported over 52,000 vehicles per day. The surrounding retail mix includes national anchors such as Target, Meijer, and Kohl’s.

The listing includes a total size of 1,568 square feet.

Key Highlights

  • Retail storefront available along Gratiot Avenue near 23 Mile Road
  • Traffic counts over 52,000 vehicles per day
  • Located near Target, Meijer, Kohl’s, and other national retailers

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Auto Parts Store Gym & Fitness Center Accounting 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

52,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
975k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 27% Dining 23% Shops & Services 16% Groceries 13%
Target Superstores
86,507 visits/mo 0.3 miles
Meijer Groceries
81,954 visits/mo 0.2 miles
Kohl's Apparel
60,724 visits/mo 0.3 miles
T.J. Maxx Apparel
45,999 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
37,975 visits/mo 0.4 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail storefront available along Gratiot Avenue near major national retailers with traffic counts over 52,000 vehicles per day.
Where is this shopping center located?
The property is located at 50900 Gratiot Ave New Baltimore, MI.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Retail storefront available along Gratiot Avenue near 23 Mile Road; Traffic counts over 52,000 vehicles per day; Located near Target, Meijer, Kohl’s, and other national retailers
More about this property
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