SWC 8 & Gratiot

For Sale

15405 Gratiot Avenue, Detroit, MI 48205

This Detroit property for sale is located at 15405 Gratiot Avenue. The current listed sale price for SWC 8 & Gratiot is $2,300,000.

Contacts

broker
Brandon Kassab

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 12,900 SF
  • Additional Rent Contact for pricing
  • Year Built 1999
  • Date Updated Dec 10, 2024
Detroit is the most populous city in the state of Michigan. It is the largest U.S. city on the Canadian border and the county seat of Wayne County. Detroit had a population of 639,111 at the 2020 census, making it the 26th-most populous city in the United States. The Metro Detroit area, home to 4.3 million people, is the second-largest in the Midwest after the Chicago metropolitan area and the 14th-largest in the United States. A significant cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. Up-and-coming restaurants, a do-it-yourself attitude, new hotels, scenic and social parks, public transit, bike lanes and a walkable international riverfront are redefining Detroit. Architecture from Albert Kahn and Isamu Noguchi lives next to all-night joints pouring locally crafted beer and cocktails. The city’s Greektown, Eastern Market, The District Detroit, Corktown and Midtown neighborhoods are booming with activity. Downtown contains a lot of historic architecture, including prominent skyscrapers, ranging from the Renaissance Center, the Penobscot Building, One Detroit Center, and the Guardian Building. Historic churches, theatres, and commercial buildings anchor the various downtown districts. Downtown has a number of parks including those linked by a promenade along the International Riverfront. Its central square is Campus Martius Park. A large amount of business and investment have continued to enter the city and transform it. As of 2019, businesses such as Shinola, Google, Moosejaw, and Nike occupy the once-vacant street fronts. Investments such as new bike lanes, the Little Caesars Arena and QLine have been successful in attracting newcomers to the city. In the five years since ambitious plans for The District Detroit were first announced and two years since the opening of the award-winning Little Caesars Arena, over $1.4 billion in Michigan-Made, Detroit-Built development has been invested. The tax base in the Detroit Downtown Development Authority’s Catalyst Development district has increased an estimated 456 percent since the year prior to the initial announcement of the The District Detroit . Research also indicates the development will account for an economic impact of more than $2 billion by 2020 to the city, region and state. Since the first announcement of the The District Detroit, there have been more than 200 outside development projects that are estimated to bring the city $2.8 billion in additional economic impact..
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Highlights

  • Two Building Center Consisting of CVS Pharmacy and Checkers Absolute NNN Leases
  • Positioned at the Signalized Intersection of 8 Mile Road and Gratiot Avenue with a Combined Traffic Count of 65,700+ Vehicles Per Day
  • CVS Pharmacy Has a Strong Commitment to the Site with Over 24 Years at this Location
  • Checkers Has Over 5 Years Remaining in the Term
  • Surrounded by National Retailers Including Aldi, Burger King, Dollar Tree, Dunkin', Subway and White Castle
  • Strong 1, 3 and 5-Mile Demographics | Population Exceeds 167,600 Within a 3-Mile Radius and Exceeds 384,000 Within a 5-Mile Radius of the Property

Getting around

  • 73/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

  • Grand Boulevard

    7.53 miles

  • Baltimore Street

    7.59 miles

  • Detroit

    7.64 miles

  • Amsterdam Street

    7.65 miles

  • Ferry Street

    7.81 miles

  • Warren Avenue

    7.91 miles

  • Canfield Street

    8.09 miles

  • Mack Avenue

    8.30 miles

  • Martin Luther King Junior Boulevard

    8.32 miles

  • Sproat Street

    8.53 miles

  • Gulf

    0.17 miles

  • Marathon

    0.21 miles

  • BP

    0.24 miles

  • Citgo

    0.32 miles

  • Mobil

    0.81 miles

  • Sunoco

    0.93 miles

  • Valero

    0.96 miles

  • 76

    1.18 miles

  • Blink

    5.02 miles

  • Roseville, MI Supercharger

    6.04 miles

  • Employee Lot F

    3.92 miles

  • WCCC Eastern Campus Lot

    3.94 miles

  • West Employee Lot

    3.98 miles

  • FCA Employee Parking

    5.23 miles

  • Cole South Parking Deck

    5.25 miles

  • Parking Garage

    5.35 miles

  • Cole North Parking Deck

    5.58 miles

  • Little Caesars

    0.04 miles

  • Checkers

    0.08 miles

  • Dunkin' Donuts

    0.11 miles

  • Mama's Family Restaurant

    0.15 miles

  • White Castle

    0.17 miles

  • Burger King

    0.27 miles

  • Coney Island

    0.35 miles

  • Caper's

    0.57 miles

  • KFC

    0.59 miles

  • Chan's

    0.77 miles

  • ALDI

    0.02 miles

  • Mike's Fresh Market

    0.92 miles

  • Shoppers Market Plus

    1.06 miles

  • Saveway

    1.34 miles

  • Glory Supermarket

    1.56 miles

  • Save-A-Lot

    1.56 miles

  • Grace Food Market

    1.79 miles

  • Mazen Foods

    2.16 miles

  • Forman Mills

    2.31 miles

  • Meijer

    2.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brandon Kassab

Encore Real Estate Investment Services