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Retail Space in Chesterfield Square
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51347-51405 Gratiot Ave, Chesterfield, MI 48051

Community center at Gratiot Ave & 23 Mile Rd intersection.

Space Size3,300 SF - 3,843 SF
Property Size66,420 SF
Days on Market1850

Property Features for 51347-51405 Gratiot Ave

General Information

Standard status Active
Size 3,300 SF - 3,843 SF
Property subtype Retail

Building Details

Building Size 66,420 SF
Tenancy Multiple

Spaces For Lease

at 51347-51405 Gratiot Ave Contact us

Endcap

Size
3,843 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Inline

Size
3,300 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Anthony J. Vitale · License #6505422306
Source: Crexi
Added: Jul 24, 2021 Changed: Aug 11 Last Checked: Aug 16 at 9:49AM

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.

Chesterfield Square presents an opportunity for retail locations at the intersection of Gratiot Avenue and 23 Mile Road. This community center is located in a densely populated area within a major retail corridor of Macomb County. The location benefits from traffic counts exceeding 37,000 vehicles per day.

Key Highlights

  • Located at the intersection of Gratiot Ave & 23 Mile Rd.
  • Situated in a densely populated sub‑regional market.
  • Located in the heart of one of Macomb County’s major retail corridors.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Plumbing Service HVAC Service 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby
579k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 34% Shops & Services 17% Groceries 17% Superstores 15%
Target Superstores
86,507 visits/mo 0.2 miles
Meijer Groceries
81,954 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
37,975 visits/mo 0.1 miles
Texas Roadhouse Dining
31,303 visits/mo 0.4 miles
Chick-fil-A Dining
29,275 visits/mo 0.3 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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Community center at Gratiot Ave & 23 Mile Rd intersection.
Where is this shopping center located?
The property is located at 51347-51405 Gratiot Ave Chesterfield, MI.
What are key features of this property?
This property features: Located at the intersection of Gratiot Ave & 23 Mile Rd.; Situated in a densely populated sub‑regional market.; Located in the heart of one of Macomb County’s major retail corridors.
(313) 570-2026 Call to check price and availability
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