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4216 24th Ave
Fort Gratiot, MI 48059
Starbucks/Aspen Dental · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,968 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.72 AC
Zoning
C
Parking
45 Spaces (9.05 Spaces per 1,000 SF Leased)
Frontage
188’ on 24th Ave

ABOUT 4216 24TH AVE , FORT GRATIOT, MI 48059

Fortis Net Lease is pleased to present Starbucks and Aspen Dental located in Fort Gratiot, MI. The property is encumbered with two, ten year NN Leases (5 years remaining on each). The landlord is responsible for the roof, structure and parking lot. The leases commenced in 2013 and will expire in 2023. The building was constructed in 2013. This Asset is highly visible as it is strategically positioned on 24th Avenue in the town of Fort Gratiot, This property is located directly in front of a Lowe's anchored retail development. The three mile average household income exceeds $51,200 and the median home value exceeds $145,000. The subject property is an ideal opportunity for a 1031 exchange buyer or a “passive” investor. This investment will offer a new owner continued success due to the financial strength and the proven abilities of the tenants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-909-0002-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$448,900
  • Listing ID: 13888289

  • Date on Market: 9/26/2018

  • Last Updated:

  • Address: 4216 24th Ave, Fort Gratiot, MI 48059

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