5776 E Grand River Avenue

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5776 E Grand River Avenue

howell, MI 48843
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

5776 E Grand River Avenue is located in a high-visibility corridor of Howell, Michigan, situated between the city’s historic downtown and the growing suburban retail hubs to the east. The neighborhood is characterized by a mix of established commercial developments, professional offices, and residential subdivisions. The site offers direct frontage on Grand River Avenue, a primary local thoroughfare, and is positioned less than two miles from the I-96 interchange, providing regional connectivity to Lansing and Detroit. Nearby amenities include national grocery chains, diverse dining options, and several automotive service centers. This property is best suited for destination retail, specialized showrooms, or service-oriented businesses requiring significant street exposure. The location’s layout and accessibility support tenant profiles such as boutique retailers, fitness studios, or professional service firms like insurance agencies and medical clinics. Given the steady traffic counts and the proximity to both Howell and Brighton markets, the asset is ideal for businesses looking to capture a local commuter demographic. its functional footprint allows for flexible interior configurations to meet the needs of various commercial users.

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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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