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Retail Space in Chesterfield Square
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51305-51313 Gratiot Ave, Chesterfield, MI 48051

Retail opportunity at Gratiot Avenue and 23 Mile Road.

Space Size1,200 SF - 4,000 SF
Property Size8,679 SF
Days on Market1166

Property Features for 51305-51313 Gratiot Ave

General Information

Standard status Active
Size 1,200 SF - 4,000 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 8,679 SF
Tenancy Multiple

Spaces For Lease

at 51305-51313 Gratiot Ave Contact us

Available Space

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space

Size
4,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Alessandro Bortolotti · License #MI 6501452350
Source: Crexi
Added: Jun 13, 2023 Changed: Aug 10 Last Checked: Aug 20 at 8:23PM

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 space at the intersection of Gratiot Avenue and 23 Mile Road. This community center is located in a densely populated sub-regional market within one of Macomb County’s major retail corridors. The location benefits from traffic counts exceeding 100,000 cars per day. The property is situated in the vicinity of retailers such as Target, Meijer, and Kohl’s.

Key Highlights

  • Located at the vibrant intersection of Gratiot Avenue and 23 Mile Road.
  • Situated in a densely populated sub‑regional market.
  • 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 HVAC Service Big Box & Wholesale Store Electrical Service Gym & Fitness 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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
836k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Shops & Services 19% Apparel 17% Groceries 15%
Target Superstores
86,507 visits/mo 0.2 miles
Meijer Groceries
81,954 visits/mo 0.1 miles
Kohl's Apparel
60,724 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
37,975 visits/mo 0.2 miles
McDonald's Dining
32,697 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 opportunity at Gratiot Avenue and 23 Mile Road.
Where is this shopping center located?
The property is located at 51305-51313 Gratiot Ave Chesterfield, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located at the vibrant intersection of Gratiot Avenue and 23 Mile Road.; Situated in a densely populated sub‑regional market.; In the heart of one of Macomb County’s major retail corridors.
(248) 488-2620 Call to check price and availability
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