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    OFF-MARKET
    Neighborhood centers

    33123-33147 Gratiot Ave, Clinton Township, MI 48035

    7,200 SF 0.56 ac lot Built 1972
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,200 square foot retail strip center, located at 33123-33147 Gratiot Avenue in Clinton Township, Michigan, presents a prime investment opportunity. The property boasts a highly visible location on Gratiot Avenue, experiencing over 50,000 vehicles per day, situated conveniently across from a turnaround and near Macomb Mall. The single-story building, constructed in 1972, features five suites, with a currently available 1,000 square foot end cap space. The minimum divisible space is 1,000 square feet, offering flexibility for various business needs. The property sits on a 0.567-acre lot and is zoned B-3. Ample parking is available for customers and employees. The property's Class C designation reflects its solid foundation and potential for renovation or modernization. The prominent location offers excellent billboard signage opportunities, maximizing visibility and brand exposure. This is an exceptional opportunity to establish or expand a business in a high-traffic, well-established commercial area. The property's Macomb County location, with its strong demographics and convenient access to major roadways, makes it an attractive proposition for a wide range of retail businesses. The available end cap space offers immediate occupancy. The APN is 16-11-34-130-030.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1972
    Total area 7,200 SF
    Lot 0.56 ac (24,394 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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