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    OFF-MARKET
    Lifestyle centers

    37601 Southbound Gratiot Ave, Clinton Township, MI 48036

    23,397 SF 1.95 ac lot Built 1975
    Property ID
    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
    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
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    Zoning & alternative use
    Permitted uses
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