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    34800 Groesbeck Hwy Clinton Township, MI 48035

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    For Lease
    Contact for pricing

    115,000 SF Retail Outparcel - Available

    Lot size:
    115,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 115,000 square foot retail property, formerly a K-Mart, presents a unique investment opportunity in Clinton Township, Michigan. Located at 34800 Groesbeck Highway, this prominent outparcel/pad site boasts a highly visible corner location at the intersection of 15 Mile and Groesbeck Highway, ensuring maximum exposure to high traffic volume. The entire space is currently vacant, offering a blank canvas for a wide range of retail uses. The property features ample parking to accommodate customers and employees, a significant advantage in today's market. Further enhancing its functionality, two convenient truck wells are situated at the rear of the building, providing easy access for deliveries and efficient logistical operations. This substantial space is available for both sale and lease, making it an attractive proposition for various business models and investment strategies. The property's size and location make it ideal for large-format retailers, distribution centers, or multi-tenant developments. With its strategic location and significant square footage, this property represents a rare opportunity to establish a strong presence in a thriving Michigan market. The property's address is 34800 Groesbeck Hwy, Clinton Twp, MI 48035.

    Property Features for 34800 Groesbeck Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    115,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    115,000 SF

    HighLights

    • 115,000 SF retail building, formerly a K‑Mart, available for sale or lease.
    • High‑visibility corner location at 15 Mile and Groesbeck Highway in Clinton Township, MI.
    • Ample parking and two truck wells.
    • Currently vacant, ideal for large‑format retail, distribution, or multi‑tenant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9237679
    Latitude
    42.5517344

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    FAQs

    What type of property is this?
    Individual retail property - 115,000 SF Retail Outparcel - Available
    Where is this individual retail property located?
    The property is located at 34800 Groesbeck Hwy Clinton Township, MI.
    What are key features of this property?
    This property features: 115,000 SF retail building, formerly a K-Mart, available for sale or lease.; High-visibility corner location at 15 Mile and Groesbeck Highway in Clinton Township, MI.; Ample parking and two truck wells.
    Request Owner's contact information
    34800 Groesbeck Hwy Clinton Township, MI 48035
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    34800 Groesbeck Hwy
    Clinton Township, MI 48035
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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
    34800 Groesbeck Hwy Clinton Township, MI 48035
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