15405-15415 Gratiot Ave - Freestanding FOR SALE


Detroit, MI 48205- Mt Olivet
$3,250,000 USD
248-702-0288
15405-15415 Gratiot Ave, Detroit, MI for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/3
null | 7.74% Cap Rate

15405-15415 Gratiot Ave
Detroit, MI 48205
Mt Olivet


HIGHLIGHTS

  • 94% Occupied Retail Center with a Tenant Mix Including Advance America, Metro PCS, and Little Caesars
  • Upside Through Leasing Former GameStop Suite of 1,360 SF
  • Strong Mix of National and Local Retailers with Staggering Expiration Dates
  • Positioned at the Signalized Intersection of 8 Mile Road and Gratiot Avenue with a Combined Traffic Count of 65,700+ Vehicles Per Day
  • Excellent Visibility with Frontage Along 8 Mile Road and Gratiot Avenue
  • Easily Accessible with Multiple Points of Ingress/Egress and Ample Parking

OVERVIEW

94% Occupied Retail Center with a Tenant Mix Including Advance America, Metro PCS, and Little Caesars

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

7.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gateway Village Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

B4

APN/PARCEL ID

21-029212

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.