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    41560-41660 Garfield Rd Clinton, MI 48038

    Sponsored
    For Lease
    $12 SF/Yr ($14,449 /Mo)

    Clinton, MI Strip Mall - High Visibility

    Lot size:
    14,449 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained, professionally managed 14,449 square foot Class B strip center is located at 41560-41660 Garfield Road in Clinton, Michigan, 48038, on the east side of Garfield Road, south of Canal Road. The property sits on a 3.053-acre lot (APN: 16-11-08-302-024) and features ample parking. Built in 1979, this single-story building offers multiple tenancy options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 6,000 square feet. Currently, 7,200 square feet of space is vacant, including two prominent end-cap units. One end cap, previously a pizza restaurant, offers approximately 1,600 square feet. The other end cap, a former bar, provides approximately 6,000 square feet and includes a pre-existing kitchen. The property is zoned B-2 and presents a significant opportunity for retail businesses seeking high visibility in a thriving Macomb County location. This is an excellent opportunity to establish or expand your business in a well-established commercial area.

    Property Features for 41560-41660 Garfield Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,449 SF
    Class
    B
    Total Rate
    14449

    Building Details

    Year Built
    1979
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    41660
    Size
    1,600 SF
    Rate per SF
    $12
    Space
    41560
    Size
    6,200 SF
    Rate per SF
    $12

    HighLights

    • Well‑maintained, professionally managed 14,449 SF Class B strip center.
    • 1,600 SF former pizza restaurant endcap available.
    • 6,000 SF former bar endcap with existing kitchen available.
    • Contact brokers for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Clinton
    County
    Macomb
    State
    Michigan
    Longitude
    -82.952064708871
    Latitude
    42.60237613171

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Neighborhood center - Clinton, MI Strip Mall - High Visibility
    Where is this neighborhood center located?
    The property is located at 41560-41660 Garfield Rd Clinton, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Well-maintained, professionally managed 14,449 SF Class B strip center.; 1,600 SF former pizza restaurant endcap available.; 6,000 SF former bar endcap with existing kitchen available.
    Request Owner's contact information
    41560-41660 Garfield Rd Clinton, MI 48038
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    Clinton, MI 48038
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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
    41560-41660 Garfield Rd Clinton, MI 48038
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