Log In/Sign Up
Your email has been sent.
MT CLEMENS SHOPPING CENTER 209 Northbound Gratiot Ave 5,488 SF Retail Building Mount Clemens, MI 48043 $550,000 ($100.22/SF) 8.80% Cap Rate
Executive Summary
Fantastic opportunity to acquire a strong investment property in one of the highest-traffic corridors in the state. Metro by T-Mobile is a national tenant with more than 15 years of continuous operation at this location, demonstrating long-term stability. EZ Go Golf Carts also has a well-established presence and remains a reliable tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,488 SF
Building Class
C
Year Built
1986
Price
$550,000
Price Per SF
$100.22
Cap Rate
8.80%
NOI
$48,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.56 AC
Zoning
STRIP CENT - General Commercial Zoning
Frontage
Amenities
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-11-11-477-021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $266,100 |
Property Taxes
Parcel Number
05-11-11-477-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$266,100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
MT CLEMENS SHOPPING CENTER | 209 Northbound Gratiot Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.