45844 N Gratiot Ave

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45844 N Gratiot Ave

macomb, MI 48042
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

45844 N Gratiot Avenue is situated in the central commercial corridor of Chesterfield Township within Macomb County. The property occupies a high-visibility position along a primary north-south arterial road, characterized by suburban density and established retail neighbors. The surrounding area features a mix of national big-box retailers, dining options, and local services. It is easily accessible via M-59 and I-94, serving a broad residential catchment area across the northern Detroit metropolitan suburbs. The asset is suitable for a wide range of retail use cases, including traditional storefronts, showrooms, or service-oriented businesses. Its configuration accommodates tenants seeking high traffic counts and prominent signage opportunities. Typical profiles for this location include regional franchises, specialty boutiques, or professional service providers, such as insurance agencies and medical clinics, that benefit from proximity to major shopping centers and a steady flow of commuters.

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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

Location & Travel Times