51347-51405 Gratiot Ave Chesterfield, MI 48051
This exceptional retail opportunity is located within Chesterfield Square, a thriving shopping center at the bustling intersection of Gratiot Ave and 23 Mile Rd in Chesterfield, Michigan. The property offers a prime end-cap space totaling 66,420 square feet, with a minimum divisible space of 3,300 square feet and a maximum contiguous space of 3,843 square feet. Currently, 7,143 square feet are available for lease. The center is situated in a densely populated area within a major Macomb County retail corridor, experiencing daily traffic counts exceeding 37,000 vehicles. This high visibility location ensures significant exposure for your business. The property is zoned C-2, providing flexibility for a variety of retail uses. The landlord is open to discussions regarding various bay sizes, or even leasing the entire available space to a single tenant. This presents a unique chance to establish a strong presence in a well-established and high-traffic retail environment. The address is 51347-51405 Gratiot Ave, Chesterfield, MI 48051. This is an excellent opportunity for businesses seeking a prominent location in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.