Active
Sale
Retail
ID 91db86fb
Advance Auto Parts
22901 Gratiot Ave, Eastpointe, MI 48021
Overview
- Corporate Guarantee | S&P Credit Rating "BB+" | Ideal Low-Management Investment For a Passive Investor
- Built-To-Suit For Advance Auto Parts in 2008 | 2+ Years Remain
- Lease Supports Two - 5-Year Options with 5% Rental Increases In Each Option
- Multiple Points Of Ingress and Egress From Gratiot Ave and N Park Ave | 42,000 VPD+
- High Barrier Entry To Market | Priced Below Replacement Cost
- 2 Miles To The On/Off Ramps Off I-696 | 135,000 VPD+
- 2 Miles To The On/Off Ramps Off I-94 | 151,000 VPD+
- 10 Miles To Downtown Detroit
- 12 Miles To The Detroit-Windsor Tunnel
- Average Household Income In a 5 Mile Radius Exceeds $69,000
- Excellent Demographics – Over 375,000 People in a 5-Mile Radius
- Advance Auto Parts Extended The Lease Early in 2022, Showing Strong Commitment To The Site
- Dense Retail Corridor With Major National Brands: Five Guys, Petco, Wingstop, CVS, Aldi, Olive Garden, Walgreens and Many More
Additional Information
- City
- Eastpointe
- State
- MI
- Zip Code
- 48021
- Zoning
- DT
- Zoning Desc.
- Downtown
- Parcel APN
- 02-14-30-380-030
- Listing ID
- 91db86fb
- City
- Eastpointe
- State
- MI
- Zip Code
- 48021
- Zoning
- DT
- Zoning Desc.
- Downtown
- Parcel APN
- 02-14-30-380-030
- Listing ID
- 91db86fb
