Advance Auto Parts - Detroit Listing Details & Market Data

22901 Gratiot Ave, Eastpointe, MI 48021

  • For Sale $2,375,000
  • Property Type Retail
  • Property Size 7,000 SF
  • Lot Size 0.88 Acre
  • Parking Spaces Avail. 35
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 2008
  • Date Updated Apr 1, 2024
22901 Gratiot AveBuilt in 2008 Located within the Detroit MSA, the 14th largest in the U.S. Densely populated area with over 21,000 people within one mile and over 150,000 people within three miles Positioned at a hard corner along Gratiot Avenue (37,000 VPD) Retailers in the immediate area include Costco, Kroger, Petco, Bank of America, Rite Aid, Walgreens, Olive Garden, and First State Bank Synergies created by numerous car dealerships and auto service shops in the surrounding area Minimal landlord responsibilities: slab, structure, and foundation Advance Auto Parts is an investment grade tenant (S&P: BB+) 5% rental increases in each option period Brand new & clean environmental reports for the property - BEA on the property to protect new ownership

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Attachments

Highlights

  • Built in 2008
  • Located within the Detroit MSA, the 14th largest in the U.S.
  • Densely populated area with over 21,000 people within one mile and over 150,000 people within three miles
  • Positioned at a hard corner along Gratiot Avenue (37,000 VPD)
  • Retailers in the immediate area include Costco, Kroger, Petco, Bank of America, Rite Aid, Walgreens, Olive Garden, and First State Bank
  • Synergies created by numerous car dealerships and auto service shops in the surrounding area
  • Minimal landlord responsibilities: slab, structure, and foundation
  • Advance Auto Parts is an investment grade tenant (S&P: BB+)
  • 5% rental increases in each option period
  • Brand new & clean environmental reports for the property - BEA on the property to protect new ownership

Contacts

broker

Daniel Levine

Friedman Real Estate

(248) 848-0446

Location

Getting Around

  • Walk Score ®

    Very Walkable (83)

  • Bike Score ®

    Bikeable (50)
Powered by Walk Score ®
  • City Eastpointe, MI
  • Neighborhood Eastpointe
  • Zip Code 48021
  • Market Detroit

Points of Interest

  • Grand Boulevard

    8.87 miles

  • Baltimore Street

    8.92 miles

  • Detroit

    8.98 miles

  • Amsterdam Street

    9.00 miles

  • Ferry Street

    9.17 miles

  • Warren Avenue

    9.28 miles

  • Canfield Street

    9.47 miles

  • Mack Avenue

    9.68 miles

  • Martin Luther King Junior Boulevard

    9.70 miles

  • Royal Oak

    9.80 miles

  • BP

    0.09 miles

  • Sunoco

    0.44 miles

  • Marathon

    0.80 miles

  • Marathon

    0.93 miles

  • Mobil

    0.97 miles

  • Speedway

    1.02 miles

  • BP

    1.03 miles

  • BP

    1.18 miles

  • Gulf

    1.26 miles

  • Sunoco

    1.37 miles

  • Parking Garage

    4.81 miles

  • Parking Garage

    5.06 miles

  • Parking Garage

    5.26 miles

  • WCCC Eastern Campus Lot

    5.30 miles

  • Parking Garage

    5.49 miles

  • FCA Employee Parking

    6.51 miles

  • FCA Employee Parking

    6.64 miles

  • Chess Row

    8.45 miles

  • Lot 12

    8.73 miles

  • Kirby Center Lofts Lot

    8.79 miles

  • Big Boy

    0.05 miles

  • PAPA ROMANO'S & MR. PITA

    0.16 miles

  • Five Guys

    0.16 miles

  • Cloverleaf Pizza

    0.65 miles

  • Dairy Queen

    0.68 miles

  • Taco Bell

    1.00 miles

  • Domino's

    1.01 miles

  • McDonald's

    1.11 miles

  • Burger King

    1.15 miles

  • Gina's Soulfood

    1.16 miles

  • Shoppers Market Plus

    0.92 miles

  • ALDI

    1.37 miles

  • Kmart

    1.57 miles

  • ALDI

    1.74 miles

  • TJ Maxx

    1.74 miles

  • Eastland Center

    1.75 miles

  • Save-A-Lot

    1.78 miles

  • Shoppers World

    1.80 miles

  • Meijer

    1.86 miles

  • Mike's Fresh Market

    2.31 miles

Contact Listing Broker

broker

Daniel Levine

Friedman Real Estate

(248) 848-0446