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34800 Groesbeck Hwy
110,000 SF of Retail Space Available in Clinton Township, MI 48035
Highlights
- Heavy vehicle traffic
- Signage opportunity
- Over 1,000 lineal feet of Groesbeck Highway frontage
- Ample Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 110,000 SF | 18’ | Negotiable | $25.60 CAD/SF/YR $2.13 CAD/SF/MO $275.51 CAD/m²/YR $22.96 CAD/m²/MO $234,630 CAD/MO $2,815,560 CAD/YR | Triple Net (NNN) |
1st Floor
With over 110,000 square feet of prime divisible retail space, this former Kmart retail box provides ample room for various business types, from large anchor stores to smaller mid-box users and specialty services. One of the standout features of this property is its flexibility and the possibility for outdoor retail environments through the expansion of the former Kmart garden area. The space can be seamlessly divided into multiple configurations, allowing for tailored solutions that meet the specific requirements of each tenant.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Anchor Space
- Finished Ceilings: 18’
- High Ceilings & Wide Columns
- High Visibility
- Flexible Space
- Ample Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 34800 Groesbeck Hwy , Clinton Township, MI 48035
Property Type | Retail | Year Built | 1970 |
Property Subtype | Freestanding | Parking Ratio | 3.86/1,000 SF |
Gross Leasable Area | 110,000 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 110,000 SF |
Year Built | 1970 |
Parking Ratio | 3.86/1,000 SF |
About the Property
With over 110,000 square feet of prime divisible retail space, this property provides ample room for various business types, from large anchor stores to smaller mid-box users and specialty services. One of the standout features of this property is its flexibility. The space can be seamlessly divided into multiple configurations, allowing for tailored solutions that meet the specific requirements of each tenant. Whether you need a large contiguous area or smaller, segmented units, this site can adapt to your business model. With its flexible space configurations, prime location, and high visibility, this property is the perfect place to grow and prosper. Contact us today to learn more about how this premier retail space can be tailored to meet your business needs.
- Signage
- Air Conditioning
Nearby Major Retailers
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34800 Groesbeck Hwy
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