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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

22701 9 Mile Rd Eastpointe, MI 48021

2,200 SF
Property ID
Property summary
AI-generated overview

This thriving Eastpointe, Michigan liquor store presents a unique investment opportunity. Located at 22701 E 9 Mile Rd, 48021, this 2,200 square foot convenience store/grocery storefront boasts strong monthly sales averaging $90,000. The business operates under a modified lease with a multi-tenancy arrangement and a remaining term of 10 years, ensuring long-term stability. The current occupancy is 100%, reflecting consistent customer traffic and demand. Significant income is generated from lottery sales and ATM transactions, adding to the overall profitability. The asking price is $549,999, representing a compelling 20% capitalization rate. This is a turnkey operation ideal for an experienced entrepreneur seeking a profitable and established business in a high-traffic location within Macomb County. The sale includes the business only

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,200 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
Allowed · conditional · prohibited
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