24001 Groesbeck Hwy. & 24080 Schoenherr Rd.

Retail-Commercial for Lease
Catylist Listing ID: 30589239
Property Subtypes: Convenience Store
Contiguous Space: 5,210 SF
Building Size (RSF): 5,210 SF
Gross Land Area: 0.62 Acres
Lease Rate: $80,000 (Annual)
$15.36 PSF (Annual)
Base Monthly Rent: $6,666
Lease Types: Ground Lease
In Opportunity Zone? Yes
Is Quick-Service Restaurant? Yes
Last Updated: 4/30/2020

Overview / Comments

Great site for redevelopment, national QSR or tenant use. Excellent visibility and high-volume traffic area on Groesbeck Highway and Schoenherr Road signalized intersection. Two properties must be sold together:

- 24001 Groesbeck Highway: 2,880 sq. ft.
- 24080 Schoenherr Road: 2,330 sq. ft.

Expand All Available Space

Available Space 5,210 SF $80,000 (Annual) Ground Lease
Space Available: 5,210 SF
Lease Rate: $80,000 (Annual)
$15.36 PSF (Annual)
$6,666 (Monthly)
Lease Type: Ground Lease
Date Available: 3/26/2020
Space Type: Relet
Tax Expenses $13,298 PSF (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 1213-25-152-002
Zoning: R-5, M-2
Property Located Between: Schoenherr Rd.
Traffic/Vehicle Count: 20,210
Total Number of Buildings: 2
Roof Type: Flat
Exterior Description: Brick
Total Parking Spaces: 62
Sprinklers: None
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,265 183,518 487,902
Median Age: 34.89 35.31 37.15
Households: 5,459 69,537 186,480

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