4220 24th Ave - Restaurant FOR SALE


Fort Gratiot, MI 48059
$2,250,000 USD
810-987-4622
4220 24th Ave, Fort Gratiot, MI for Sale
$2,250,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

4220 24th Ave
Fort Gratiot, MI 48059


HIGHLIGHTS

  • Located in the heart of retail corridor positioned along 24th Ave (25,000+ VPD) with large pylon signage to increase visibility.
  • Positioned as an outlot to Lowe’s and surrounded by major Big Box retailers including Target, Meijer, The Home Depot and Walmart.
  • Also available for lease.

OVERVIEW

Prime location! 5,803 sf located in the heart of retail corridor positioned along 24th Ave (25,000+ VPD) with large pylon signage to increase visibility. Positioned as an outlot to Lowe’s and surrounded by major Big Box retailers including Target, Meijer, The Home Depot and Walmart. Large 1.53-acre parcel with abundant parking. Currently vacant, previously occupied by restaurant tenant. Also available for lease.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Lobster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

C2

APN/PARCEL ID

74-20-022-4001-100

ASK ABOUT THIS PROPERTY

Gerald KramerKramer Commercial RealtyMore Info
810-987-4622

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Gerald KramerKramer Commercial RealtyMore Info
810-987-4622

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