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For Sale

The Dream Group Banquet Hall Supplies

24935 Gratiot Ave,
Eastpointe, MI 48021

Asset Snapshot

Regional Mall
Retail Subtype
1928
Year Built
0.30 Acres
Land Area

Offering Summary

Investment Overview

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Investment Highlights

  • Strong In-Place Cash Flow with Annual 3% Rent Increases Create Built-in NOI Growth Year After Year.
  • Lease Structure is Double Net, with tenant responsible for HVAC, CAM, parking lot, taxes, and insurance.
  • Freestanding 7,138 SF Building on a Main Commercial Corridor that Sits on 0.3-Acre Parcel with Direct Street Frontage on Gratiot Ave Provides Excellent Visibility and Access.
  • Positioned Along One of Metro Detroit’s Most Heavily Traveled Arteries with 44,380+ Vehicles Per Day
  • Over 351,000 residents within 5 miles, supported by solid household incomes ($65K–$77K).
  • Surrounding neighborhoods show consistent consumer activity and demand for retail, food, and event-based services.
  • The property benefits from proximity to Kroger, Aldi, Tim Hortons, Dollar General, Midas, U-Haul, Taco Bell, Checkers, KFC, and more.

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Listing Syndicated From

Buildout
For Sale
$425,000
Asking Price