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Medical Investment For Sale or Lease

11180 Gratiot Ave Detroit, MI 48213

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Overview

1000’ of frontage on Gratiot Avenue

Value-add opportunity with vacant spaces built out for medical spaces or redevelopment opportunity for office/ retail use

Located directly across from Detroit Police 9th Precinct

Excellent visibility and ample parking

Vacancies are as follows:

+/-4000 SF (10 exam rooms)

+/-2000 SF pharmacy space

CURRENT TENANTS:

Gentle Dental (3,850 SF)

Seven-year lease renewal in February 2020

(2) Five-year option periods

2.5% annual increases

Tenant has been in place since 2010

Chiropractor (1,750 SF)

Five-year lease signed November 2022

(1) Five-year option period

+/- 4,000 SF – (10 exam rooms)

+/- 2,000 SF – pharmacy space

Lease Spaces

NameRateSF
Suite N/A$13 /SF/Year6,000 SF

For Lease

Retail
Lease Rate
$13 SF/year
Available SF
6,000 SF
Building Size
19,030 SF
Acres
1.32 ac
Zoning
B4 - GENERAL BUSINESS
Lease Type
Gross
Building Class
C
Min Divisible
2,000
Max Contiguous
6,000
Number of Buildings
1
Floors
1
Construction Type
Framed
Rentable SF
18,700
Submarket
Detroit E of Woodward
Nearest MSA
Detroit-Warren-Dearborn
Property Status
Existing
County
Wayne
Available
2017-12-15
Created
2017-12-15
Updated
2024-12-18
Listing ID
b5ae9b2c
Parcel APN
21028813-6