This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Gratiot Crossings 50700-50870 Gratiot Ave
1,980 SF of Retail Space Available in Chesterfield, MI 48051
Highlights
- This center is anchored by Hobby Lobby, Big Lots, Planet Fitness, and Petco!
- This is a high traffic location with around 80,000 vehicles per day at the intersection.
- Owned and managed by a small, experienced developer
- This center is closely located to I-94!
- Viable for a variety of uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,980 SF | 1-10 Years | $25.60 CAD/SF/YR $2.13 CAD/SF/MO $275.51 CAD/m²/YR $22.96 CAD/m²/MO $4,223 CAD/MO $50,680 CAD/YR | Triple Net (NNN) |
50710-50870 Gratiot Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT Gratiot Crossings
- Tenant
- Description
- US Locations
- Reach
- Big Lots
- Discount Store
- 1,397
- International
- Cold Stone Creamery
- Ice Cream
- 1,645
- International
- Great Clips
- Salon/Barber/Spa
- 6,284
- International
- Hobby Lobby
- Hobby
- 1,375
- National
- PETCO
- Animal Care/Groom
- 2,000
- International
- Planet Fitness
- Fitness
- 3,043
- International
| Tenant | Description | US Locations | Reach |
| Big Lots | Discount Store | 1,397 | International |
| Cold Stone Creamery | Ice Cream | 1,645 | International |
| Great Clips | Salon/Barber/Spa | 6,284 | International |
| Hobby Lobby | Hobby | 1,375 | National |
| PETCO | Animal Care/Groom | 2,000 | International |
| Planet Fitness | Fitness | 3,043 | International |
PROPERTY FACTS FOR 50700-50870 Gratiot Ave , Chesterfield, MI 48051
| Center Type | Community Center | Gross Leasable Area | 175,950 SF |
| Parking | 2,008 Spaces | Total Land Area | 19.59 AC |
| Stores | 14 | Year Built | 1980 |
| Center Properties | 4 | Cross Streets | SEC Gratiot Ave & 23 Mile Rd |
| Frontage | Gratiot Avenue |
| Center Type | Community Center |
| Parking | 2,008 Spaces |
| Stores | 14 |
| Center Properties | 4 |
| Frontage | Gratiot Avenue |
| Gross Leasable Area | 175,950 SF |
| Total Land Area | 19.59 AC |
| Year Built | 1980 |
| Cross Streets | SEC Gratiot Ave & 23 Mile Rd |
About the Property
Come join retailers such as Hobby Lobby , Big Lots, Planet Fitness and PETCO at Gratiot Crossing Center! The center is conveniently located off the I-94 and around 3 miles from the M-59 at the SEC of 23 Mile Rd and Gratiot Ave, making it accessible from all over Detroit and the surrounding suburbs. Gratiot Crossing features a strong mix of national, regional, and local restaurants and retailers, providing for consistent, heavy foot-traffic. The intersection of 23 Mile Rd and Gratiot Ave is a retail hub, featuring major retailers such as Meijer's, Dick's Sporting Goods, Target, Lowe's, Kohl's, and Best Buy. Gratiot Crossing is in Chesterfield Township, which is just minutes from the beautiful Anchor Bay, and home to an estimated 45,000 people. Chesterfield Township is part of Macomb County, which has an estimated population of 880,000 people and 369,000 housing units, as the 3rd largest county in the State of Michigan. Gratiot Crossing is owned and managed by Arizona Partners Retail - azpre.com - a small, experienced developer based out of Scottsdale, AZ. Give us a call for more information!
- Pylon Sign
Nearby Major Retailers
Presented by
Gratiot Crossings | 50700-50870 Gratiot Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.