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Investment Highlights

  • Great location along Gratiot ave.

Executive Summary

Former freestanding Rite Aid with drive-thru available for sale or lease. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue.
Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, permitted uses include all retail business and service establishments, medical offices, banks, credit unions, veterinary clinics and hospitals, automotive service centers and auto wash rack or motor vehicle laundry. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2024 Real Estate Taxes are $30,223.21

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,092 SF
Building Class
B
Year Built
1998
Price
$1,550,000
Price Per SF
$139.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.34 AC
Zoning
B-3 - General Commercial
Parking
52 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
278’ on 15 Mile Rd

Amenities

  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,092 SF
  • Retail
  • Outparcel
  • Now

Former freestanding Rite Aid with drive-thru available for sale or lease. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue. Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, permitted uses include all retail business and service establishments, medical offices, banks, credit unions, veterinary clinics and hospitals, automotive service centers and auto wash rack or motor vehicle laundry. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2024 Real Estate Taxes are $30,223.21

Space Size Space Use Position Available
1st Floor 11,092 SF Retail Outparcel Now

1st Floor

Size
11,092 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 11,092 SF
Space Use Retail
Position Outparcel
Available Now

Former freestanding Rite Aid with drive-thru available for sale or lease. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue. Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, permitted uses include all retail business and service establishments, medical offices, banks, credit unions, veterinary clinics and hospitals, automotive service centers and auto wash rack or motor vehicle laundry. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2024 Real Estate Taxes are $30,223.21

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Flagstar
Five Guys
Planet Fitness
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
16-11-27-452-039
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$582,800
  • Listing ID: 34997926

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 35250 S Gratiot Ave, Clinton Township, MI 48035

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