51305-51313 Gratiot Ave

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51305-51313 Gratiot Ave

chesterfield, MI 48051
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

51305-51313 Gratiot Avenue is situated in Chesterfield, Michigan, within a primary commercial corridor of Macomb County. The property is positioned along a high-traffic regional artery, surrounded by a mix of established residential neighborhoods and national retailers. Local amenities include various dining options, service providers, and large-scale shopping centers within a two-mile radius. The location offers direct access to M-24 (Gratiot Avenue) and is approximately two miles from the I-94 interchange, providing efficient transportation links to the surrounding metropolitan Detroit area. This retail asset is suited for diverse commercial uses, including storefront retail, professional service offices, or small-scale specialized showrooms. The typical tenant profile includes local small businesses, medical providers, or boutique service firms seeking visibility and ease of access for local clientele. The configuration of the units supports businesses that benefit from consistent drive-by exposure and proximity to a stable suburban population. The property’s zoning and layout facilitate flexible floor plans for tenants requiring both customer-facing areas and back-office functionality.

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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

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