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    22600 Gratiot Ave Eastpointe, MI 48021

    Sponsored
    For Lease
    $16 SF/Yr ($14,896 /Mo)

    11,172 SF Retail Building, High Visibility

    Lot size:
    11,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,172-square-foot retail space is available for lease at 22600 Gratiot Avenue in Eastpointe, Michigan. Built in 2003, the property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a business seeking a prominent location. The building is situated in a Downtown (DT) zoned area of Macomb County, ensuring high visibility and accessibility for customers. Ample parking is provided with 59 spaces available on-site. The property's classification is Commercial Retail, making it ideal for a wide range of retail businesses. The entire 11,172 square feet is available, offering significant space for a large-scale operation or the potential to be subdivided for multiple smaller tenants (subject to landlord approval). The property's location in Eastpointe, Michigan, zip code 48021, offers convenient access to major roadways and a substantial customer base. This is a prime opportunity for a business seeking a high-traffic, well-located retail space in a thriving community. The property's size and ample parking make it an attractive option for businesses requiring significant space and convenient customer parking. Interested parties should inquire about lease terms and conditions.

    Property Features for 22600 Gratiot Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,172 SF
    Total Rate
    14896

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,172 SF
    Rate per SF
    $16

    HighLights

    • 11,172 SF former Rite Aid with drive‑thru.
    • Signalized intersection with high visibility.
    • Strong retail co‑tenancy including Petco, Advance Auto Parts, SVS Vision, and My Salon Suites.
    • High traffic counts: 39,500 ADT on Gratiot Ave and 22,400 ADT on 9 Mile Rd.
    • Downtown (DT) zoning in Macomb County.
    • 59 on‑site parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Paul A. Cyprus, RPh Pharmacy Brian F. Galloway, ... Pharmacy higi Health Consultant Western Union Money Transfer Service Amazon Hub Counter ... Mailing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9575072
    Latitude
    42.4640489

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    FAQs

    What type of property is this?
    Retail property - 11,172 SF Retail Building, High Visibility
    Where is this retail property located?
    The property is located at 22600 Gratiot Ave Eastpointe, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 11,172 SF former Rite Aid with drive-thru.; Signalized intersection with high visibility.; Strong retail co-tenancy including Petco, Advance Auto Parts, SVS Vision, and My Salon Suites.
    Request Owner's contact information
    22600 Gratiot Ave Eastpointe, MI 48021
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    Eastpointe, MI 48021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22600 Gratiot Ave Eastpointe, MI 48021
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