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For Sale

The Dream Group Banquet Hall Supplies

24935 Gratiot Ave,
Eastpointe, MI 48021

Asset Snapshot

1928
Year Built

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