33833 Garnet Street

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33833 Garnet Street

clinton-township, MI 48035
Asking Price
$2.28M
Asset Type
Retail
Class
Class B

What's Special

33833 Garnet Street is situated in Clinton Township, Michigan, within a developed commercial and residential corridor near the intersection of 15 Mile Road and Gratiot Avenue. The neighborhood character is defined by a mix of established local businesses, residential subdivisions, and national retailers. Nearby amenities include various dining options, financial services, and grocery stores. The site benefits from proximity to major regional thoroughfares, including M-3 and M-97, providing direct transportation access for customers and deliveries from across Macomb County. As a retail asset, this location is suited for businesses seeking neighborhood-level visibility and accessibility. Ideal use cases include boutique storefronts, service-oriented businesses such as salons or dry cleaners, and small-scale professional offices. The typical tenant profile consists of local entrepreneurs or regional franchises looking to serve the surrounding residential population. Its position within a high-density area supports consistent foot traffic and caters to daily-needs consumers who frequent the local shopping district.

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NOI
$80,000
Cap Rate
3.51%
DSCR
0.59
Underwater
Cash-on-Cash
-8.09%
Monthly Payment
$11,280.196
Annual Cash Flow
$-55,362.352

Location & Travel Times