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51295 Gratiot Ave
Chesterfield, MI 48051

Longhorn Steakhouse · Retail Property For Sale

Investment Highlights

  • Nearly 9 Years of Firm Term Remaining | Options to Extend | Scheduled Rental Increases
  • Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area
  • Signalized, Hard Corner Intersection | Interstate 94 | Excellent Visibility
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Outparcel to The Home Depot Anchored Shopping Center | Dense Retail Corridor | Strong National/Credit Tenants

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,111 SF
Building Class
B
Year Built
2022
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
1.24 AC
Zoning
C3
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
189 ft on Gratiot Ave

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-09-17-352-003
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£579,066
  • Listing ID: 29703922

  • Date on Market: 04/10/2023

  • Last Updated:

  • Address: 51295 Gratiot Ave, Chesterfield, MI 48051

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