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Stone Ridge Plaza
395 N Groesbeck Hwy, Mount Clemens, MI 48043
26,544 SF | Retail
Retail Property - Off Market
- Gross Leasable Area:
- 26,544 SF
- Property Type:
- Property Sub-type:
- Strip Center
- Property Use Type:
- Year Built:
- Lot Size:
- 4.58 AC
- Listing ID
- Last Updated
- over 1 year ago
- 26,544 Square Foot Retail Center
- Additional 1.5 Acres for Development
- Only 15% Occupied - Vacant Space Already Split and Built Out
- Located Along North Groesbeck Highway
- Limestone and Brick Facade with Aluminum Awnings
Stone Ridge Plaza is a 26,544 square foot multi-tenant retail center located in Mount Clemens, MI. Built in 2005 and located along North Groesbeck Highway, the subject property is in an excellent retail position along a dominant retail corridor in Macomb County.
Stone Ridge Plaza is currently 84.01% percent vacant and currently only has one occupied suite. Liquor Resort Imported Beer & Wine occupies approximately 4,244 square feet at the North end of the property. The remaining unoccupied space is currently split into 10 suites and already built out. Suites range in size from 1,700 square feet to 4,500 square feet.
Unit amenities include 12 foot ceiling height, fluorescent light fixtures, electricity to standard retail code, concrete slab floors, standard HVAC capacity and restrooms. Exterior features include 10' x12' overhead doors in some units, over 100 parking space with rear parking for employees, a limestone and brick facade with aluminum awnings. In addition to the improvements, there are approximately 1.5 acres of vacant commerical-zoned land adjacent to the center included in the offering. This offers additional upside to any investor through future development or the sale of vacant land.
Located just south of Elizabeth Street, one mile south of Hall Road, Stone Ridge Plaza is on the border between Mount Clemens and Clinton Township. The subject property is in close proximity to the 41st District Court, Mount Clemens Regional Medical Center, and Selfridge Air Force Base.
Map of 395 N Groesbeck Hwy, Mount Clemens, MI 48043 (Macomb County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P