39641 Garfield Rd

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39641 Garfield Rd

clinton-township, MI 48038
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

39641 Garfield Road is situated in a high-traffic commercial corridor within Clinton Township, Michigan. The property sits near the prominent intersection of Garfield Road and 17 Mile Road, surrounded by a mix of established residential neighborhoods and active retail centers. Nearby amenities include national grocery chains, diverse dining options, and local service providers. The location offers straightforward regional connectivity via proximity to major thoroughfares like M-59 and Cass Avenue, ensuring consistent visibility and ease of access for local commuters. The asset is suitable for a range of retail use cases, including boutique storefronts, quick-service restaurants, or specialized service providers such as hair salons and insurance agencies. Its layout and positioning cater to small-to-mid-sized enterprises seeking a neighborhood presence. Typical tenants for this site include local business owners looking for high foot traffic and professional operators who benefit from the dense residential demographic within a three-mile radius.

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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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