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31300 26 Mile Road
Chesterfield, MI 48051
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail <ul><li>3 parcels totaling 53.48 acres on the southeast corner of 26 Mile Road & Gratiot Avenue. 2.25 miles west of the 26 Mile Road & I-94 Interchange and 1.45 miles west of the New Haven Road & I-94 Interchange.</li><li>Over 1,500' frontage on 26 Mile Road and over 1,400' frontage on Gratiot Avenue.</li><li>Macomb County has seen tremendous growth, the population has increased nearly 5% in the last 10 years. In 2024, 221 new residential permits were issued in Chesterfield Township.</li><li>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
