36454-36474 Groesbeck Hwy - Freestanding FOR SALE
Clinton Township, MI 48035 |
$1,000,000 USD
248-801-9499
36454-36474 Groesbeck Hwy
Clinton Township, MI 48035
HIGHLIGHTS
- 100% Occupied 5,600 SF Multi-Tenant Strip Center
- Tenants include Urgent Care, Smoke Shop, Pizza Restaurant, and Hairdresser
- Urgent Care has NNN lease through 2029 w/ 5-year renewal option
- New parking lot, new roof, and LED lighting
- 147' of Frontage on Groesbeck Hwy
- 30,000 vehicles per day and strong demographics in area
OVERVIEW
Discover the possibilities with this impressive four-unit retail complex, now available for sale. Located in close proximity to major big box retailers in Clinton Township, this prime property offers great potential for investors knowledgeable of the area’s amenities and activity. Current tenants include an Urgent Care, Carlo's Pizza, Headmasters Hair Shoppe and Smokers Shop Inc.
FOR SALE DETAILS
PRICE
$1,000,000 USD
PRICE/SF
$179 USD /SF
CAP RATE
6.46%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Groesbeck Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
24,829 SF
ZONING
B3
APN/PARCEL ID
16-11-28-276-021
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248-801-9499
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248-801-9499
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