3195 Gratiot Blvd Marysville, MI 48040

This exceptional investment opportunity presents a 7,299 square foot, Class A retail building located at 3195 Gratiot Blvd, Marysville, MI 48040. The property boasts 100% occupancy with three established tenants: Starbucks, Wild Bill's Tobacco, and Sherwin Williams, under a triple-net (NNN) lease structure. The building sits on a 1.53-acre lot and benefits from its prime location as an outparcel to a Meijer supercenter, ensuring high visibility and accessibility. The current lease term spans 10 years, commencing August 31, 2024, and expiring August 30, 2034, providing a stable income stream. The asking price is $4,224,872, representing a compelling 6.65% capitalization rate and a price per square foot of $578.83. The Net Operating Income (NOI) currently stands at $280,954. Rent bumps vary per tenant, as do lease options. This fee-simple ownership presents a turnkey investment opportunity with significant potential for long-term growth, attractive to both conservative and growth-oriented investors. The diverse tenant base, including investment-grade tenants Starbucks and Sherwin Williams, contributes to the property's stability and strong income generation. This property offers a secure investment with a proven track record and a promising future in a thriving retail market.