Fort Gratiot Plaza

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Fort Gratiot Plaza

4025 24th Ave Fort Gratiot MI St. Clair County

Sales Price: $9,031,737

Cap Rate: 8.00%

Contact Person(s): Daniel Kukes
Kevin Baker
Scott Sonenberg

Description:

  • New leases / credit enhancing renewals
    • Camping World Inc. d/b/a Gander Outdoors
    • Party City
    • CSL Plasma
    • Harbor Freight Tools
  • Priced well below replacement cost
  • Stable tenancy and income stream

Lot Size: 8.08 acres

Zoning: C-2

Gross Leasable Area: 86,923 SF

Tenant Roster: Gander Outdoors, Party City, Harbor Freight Tools, CSL Plasma Inc.

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 4,424 25,140 49,054
Avg. HH Income: $63,076 $66,170 $59,006

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.