Property profile

37601 Southbound Gratiot Ave Clinton Township, MI 48036

OFF-MARKET
Lifestyle centers
23,397 SF 1.95 ac lot Built 1975
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Property summary

AI-generated overview

Ingleside Center, located at 37601 Southbound Gratiot Ave in Clinton Township, Michigan 48036, presents a prime retail investment opportunity. This 23,397 square foot shopping center, built in 1975, sits on a 1.95-acre lot and offers exceptional visibility due to its ample frontage on Gratiot Avenue, a road with extremely high traffic counts. The property boasts a large monument sign, ensuring phenomenal commercial exposure for tenants. Currently, the center houses Rent-A-Center and Lucky Nails, among other businesses. There are also two immediately available spaces: a 1,500 square foot unit and a 7,000 square foot unit, which can be combined for a total of 8,500 square feet. The property features abundant parking and provides easy access with smooth ingress and egress. The asking price for the entire shopping center is $1,690,000. Competitive lease rates are available for the vacant spaces. This property is ideal for investors seeking a strong retail presence in a high-traffic area with significant growth potential. The property's location in Macomb County, Michigan, offers convenient access to major roadways and a dense residential population.

Property profile

Verified
Property type Lifestyle centers
Year built 1975
Total area 23,397 SF
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37601 Southbound Gratiot Ave Clinton Township, MI 48036
Clinton Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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