51295 Gratiot Ave
Chesterfield, MI 48051

The subject property is strategically located near the signalized, hard corner intersection of Gratiot Avenue and 23 Mile Road, averaging 41,600 vehicles passing by daily. The site benefits from nearby direct on/off ramp access to Interstate 94 (55,400 VPD), the primary north/south highway traveling throughout Chesterfield Township and into the heart of Downtown Chicago. The building is ideally situated as an outparcel to The Home Depot anchored shopping center that also features PetSmart, Michaels, and Autozone. The center is encompassed by a variety of big-box tenants including Target, Lowe’s Home Improvement, and Meijer, significantly increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. Other nearby national/credit tenants include Walmart Supercenter, Kohl’s, T.J. Maxx, Staples, Dick’s Sporting Goods, Hobby Lobby, Planet Fitness, and more, further increasing consumer traffic to the surrounding area. Moreover, the asset is surrounded by several apartment complexes including Aspen Creek (776 units), Oakview Square (192 units), and Willows Apartments (195 units), providing the subject property with a direct residential consumer base from which to draw. The 5-mile trade area is supported by more than 100,000 residents and 30,000 daytime employees with a healthy average household income of $96,000.