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4405 24th Ave 20,227 SF of Retail Space Available in Fort Gratiot, MI 48059
HIGHLIGHTS
- Great location along Lake Huron Ave.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,227 SF | 1-30 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The retail corridor along 24th Avenue in Fort Gratiot Township, Michigan, has demonstrated remarkable resilience and growth in recent years. A key driver of this vitality is Birchwood Mall, which under new ownership since February 2021, has actively embraced locally owned businesses, fostering a diverse mix of retail and entertainment options. This property presents a rare opportunity to occupy a freestanding junior box fronting 24th Avenue, which sees more than 23,000 cars per day and is located directly across from Birchwood Mall.
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT 4405 24TH AVE, FORT GRATIOT, MI 48059
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- JOANN Fabric and Craft Stores
- Art/Crafts
- 1
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| JOANN Fabric and Craft Stores | Art/Crafts | 1 | National |
PROPERTY FACTS
| Total Space Available | 20,227 SF | Gross Leasable Area | 20,227 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Freestanding |
| Total Space Available | 20,227 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 20,227 SF |
| Year Built | 1993 |
ABOUT THE PROPERTY
Retail building in Fort Gratiot, MI.
NEARBY MAJOR RETAILERS
Presented by
4405 24th Ave
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