Single-Tenant Retail Property | High-Traffic Gratiot Avenue Corridor | Eastpointe, MI

An exceptional commercial real estate investment opportunity situated along one of Metro Detroit’s most heavily traveled commercial arteries. Offered at $425,000, this freestanding 7,138-square-foot retail facility sits on a 0.30-acre parcel featuring direct street frontage on Gratiot Avenue. Delivering predictable income growth via built-in annual rent increases, this asset combines high-visibility real estate positioning with an attractive, management-light net-lease structure.

Property Specifications & Financial Overview

• Purchase Price: $425,000

• Building Size: 7,138 Net Rentable SF

• Lot Size: 0.30 Acres (13,068 SF)

• Property Type: Freestanding Retail / Commercial Building

• Year Built: 1928 (Established character and solid structural footprint)

• Tenancy Status: 100% Single-Tenant Occupied

• Lease Structure: Double Net (NN) — Tenant responsible for HVAC, CAM, parking lot maintenance, property taxes, and building insurance

• Contractual Rent Bumps: 3% Annual Increases providing steady, predictable Net Operating Income (NOI) expansion year over year

Passive NN Lease Structure & Built-In Income Growth

This offering provides an investor with low-overhead, inflation-protected cash flow backed by favorable net-lease terms:

• Minimal Landlord Overhead: The Double Net (NN) structure shifts operational costs—including HVAC systems, common area maintenance, parking lot upkeep, real estate taxes, and property insurance—directly to the tenant.

• Automatic Inflation Protection: Contractual 3% annual rental increases compound year-over-year, ensuring steady capital appreciation and continuous NOI growth without requiring active management intervention.

• Functional Retail Layout: The expansive 7,138 SF interior configuration accommodates a wide variety of retail, trade, showroom, event-supply, or service-oriented uses, providing long-term real estate utility.

High-Visibility Arterial Location & Traffic Exposure

Situated along Gratiot Avenue, the property captures constant daily exposure from regional commuters across Macomb County:

• Heavy Traffic Volume: Gratiot Avenue serves as a primary north-south transit artery connecting Metro Detroit submarkets, subjecting the site to over 44,380 vehicles per day (VPD).

• Established Retail Ecosystem: The site is positioned near top national brands and regional traffic drivers, including Kroger, Aldi, Tim Hortons, Dollar General, Taco Bell, Checkers, KFC, Midas, and U-Haul.

• Community Synergy: Located just moments from local community anchors such as Eastwood Park, Memorial Park, and Eastbrook Lanes, drawing consistent local traffic to the immediate submarket.

Dense Metro Detroit Demographic Base

Eastpointe features a high-density, established suburban residential population that feeds local commercial demand:

Surrounding Demographics Profile:

• 5-Mile Radius Population: Over 351,000 Residents

• Average Household Income: $65,000 – $77,000 range, providing stable purchasing power for retail and neighborhood services.

• Consumer Base: High neighborhood density supports consistent foot traffic and demand for retail, food, service, and event-based operations.

Key Investment Highlights

• Freestanding 7,138 SF Building on a 0.30-acre site with prominent Gratiot Avenue frontage.

• Attractive $425,000 Entry Price Point for a single-tenant commercial asset.

• Double Net (NN) Lease minimizing landlord maintenance burdens and capital expenditures.

• 3% Annual Rent Escalations driving automatic, compound NOI appreciation.

• 44,380+ VPD Traffic Exposure along one of Macomb County's main retail corridors.

• Dense Submarket Base serving over 351,000 residents within a 5-mile radius.