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Former Rite Aid 35250 S Gratiot Ave

11,092 SF Retail Building Clinton Township, MI 48035 For Sale

Investment Highlights

  • 11,107 SF Building Situated on 1.34 Acres.
  • Positioned Along a Primary North-South Thoroughfare.
  • Drive Thru Equipped With Ample Parking Spaces.
  • Located Within the Detroit MSA | One of the Largest Metropolitan Economies in the U.S. With 17 Fortune 500 Companies.
  • Situated Near the Signalized Intersection of E 15 Mile Road and S Gratiot Avenue with Combined Traffic Counts in Excess of 80,638+.
  • Population Exceeds 238,900+ Residents Within 5-Mile Radius.

Executive Summary

Opportunity to lease/ground lease or purchase a former freestanding Rite Aid with drive-thru. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue. Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across
the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, which allows for a variety of uses. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2023 tax approx. $28,506.91.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,092 SF
Building Class
B
Year Built
1998
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.34 AC
Zoning
B-3 - General Commercial
Parking
52 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
278 ft on 15 Mile Rd

Amenities

  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,092 SF
  • Retail
  • -
  • Now

Opportunity to lease/ground lease or purchase a former freestanding Rite Aid with drive-thru. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue. Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, which allows for a variety of uses. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2023 tax approx. $28,506.91

Space Size Space Use Position Available
1st Floor 11,092 SF Retail - Now

1st Floor

Size
11,092 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 11,092 SF
Space Use Retail
Position -
Available Now

Opportunity to lease/ground lease or purchase a former freestanding Rite Aid with drive-thru. 11,092 SF building with a drive-thru, situated on 1.34 acres with a large pylon sign on Gratiot Avenue. Located in the NEQ of Gratiot Avenue & 15 Mile Road, directly across the street from Lowe’s Home Improvement and a new Starbucks. Traffic counts exceed over 80,000 VPD. Zoned B-3, which allows for a variety of uses. 52 parking spaces on site. Close proximity to Macomb Mall, which sees over 5 million visitors per year as well as the I-94 interchange. Year built: 1998. 2023 tax approx. $28,506.91

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-11-27-452-039
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£378,562
  • Listing ID: 32789933

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 35250 S Gratiot Ave, Clinton Township, MI 48035

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