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    19000 9 Mile Rd Eastpointe, MI 48021

    For Lease
    $25 SF/Yr ($9,137 /Mo)

    Former bank, high visibility, drive-thru.

    Lot size:
    4,386 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,386 square foot freestanding retail building presents a unique investment opportunity. Previously a bank branch, the property boasts a highly desirable drive-thru end-cap location, offering unparalleled convenience and accessibility for customers. Situated on a 0.56-acre lot in Macomb County, the building is zoned B-3 Retail, allowing for a wide range of potential uses. The property is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Its strategic location offers tremendous visibility and easy in-and-out access, further enhanced by the construction of a new boulevard along 9 Mile Road and convenient freeway access. The building's single-tenant occupancy provides a streamlined management experience, while its prominent location within a developing multi-tenant shopping center ensures high foot traffic and exposure. This is an ideal opportunity for an owner-user or investor seeking a high-impact retail space in a rapidly growing area. The property's size and location make it suitable for a variety of retail businesses, offering significant potential for return on investment. The existing infrastructure, including the drive-thru, provides a significant advantage for businesses requiring this type of customer access.

    Property Features for 19000 9 Mile Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,386 SF
    Total Rate
    9137.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,386 SF
    Rate per SF
    $25

    HighLights

    • 4,386 SF freestanding retail building.
    • Single‑tenant occupancy; currently vacant.
    • Features a drive‑thru end‑cap.
    • Excellent freeway access and high visibility.
    • Convenient ingress/egress.
    • Located in a Macomb County, B‑3 Retail zoned area, on a 0.56‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.9228853
    Latitude
    42.4652734

    Nearby Similar for Lease

    • $2,300 /Mo
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      Eastpointe Mixed-Use Commercial Building

      3,160 SF mixed-use building on 10 Mile Rd, Eastpointe.
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    • $2,700 /Mo
      2,908 SF

      Eastpointe Retail Space For Rent

      2908 sqft retail space in the heart of Eastpointe.
      16914 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,000 /Mo
      1,904 SF

      Eastpointe Retail Space For Rent

      Retail space available for lease in Eastpointe, Michigan.
      16906 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $1,600 /Mo
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      Eastpointe Warehouse with Dedicated Parking

      Small warehouse in Eastpointe suitable for contractors, artists, or e-commerce.
      16921 E 9 Mile Rd, Eastpointe, MI 48021
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    • $850 /Mo

      Eastpointe Office Space Available Now

      900 SF office space perfect for small business.
      16259 E 9 Mile Rd, Eastpointe, MI 48021
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    • $8 SF/Yr
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      Eastpointe Multi-Use Commercial Space

      4,000 SF Multi-Use Building - Prime Location
      18145 8 Mile Rd, Eastpointe, MI 48021
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Former bank, high visibility, drive-thru.
    Where is this individual retail property located?
    The property is located at 19000 9 Mile Rd Eastpointe, MI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 4,386 SF freestanding retail building.; Single-tenant occupancy; currently vacant.; Features a drive-thru end-cap.
    Request Owner's contact information
    19000 9 Mile Rd 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
    19000 9 Mile Rd Eastpointe, MI 48021
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