Property profile

40445 Groesbeck Hwy Clinton Township, MI 48036

OFF-MARKET
Lifestyle centers
Property ID
US43-4249021
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Property summary

AI-generated overview

This 1.21-acre retail pad site is located in Clinton Township, Macomb County, Michigan, at 40445 S. Groesbeck Highway. Zoned B-3, this single-tenant property offers excellent visibility and accessibility. Situated on the west side of South Groesbeck Highway, just south of Cass Avenue, the site benefits from its prominent position at the entrance to a high-traffic Meijer store, experiencing 32,500 cars per day. The property's location ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The large lot size provides ample space for development and potential expansion. This exceptional location in a thriving commercial area presents a unique opportunity for businesses seeking high exposure and convenient access for customers. The property's address is 40445 S. Groesbeck Hwy, Clinton Township, MI 48036. The site is easily accessible from major roadways, ensuring convenient access for both employees and customers. This is a prime opportunity for businesses looking to establish a strong presence in a high-traffic area. The property's zoning designation (B-3) allows for a wide range of retail uses.

Property profile

Verified
Property type Lifestyle centers
UPID US43-4249021

Cap rate & NOI

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

Location

40445 Groesbeck Hwy Clinton Township, MI 48036
Clinton Township metro
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Value estimations

Realmo proprietary · 4 methods
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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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