Mt Clemens Motor Mall | Mt. Clemens, MI

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

Brent Hanna

248.702.0293
brent@encorereis.com

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Offering Information

161-171 North Groesbeck Hwy
Mt. Clemens, MI 48043

  • Price: $950,000
  • Cap. Rate: 8.43%
  • NOI: $80,121
  • Building Size: 18,500SF
  • Lot Size: 3.19 AC

Investment Highlights

  • Excellent Location on Groesbeck | Highly Visible from Main Road
  • Located On a Major Retail Thoroughfare
  • Former Cell Phone Tower Available On Site | Potential Upside
  • Located Nearby Washington Elementary School & Mount Clemens High School and McLaren Macomb Hospital
  • High Volume Traffic | Groesbeck Hwy Traffic Counts Boast 35,112 VPD+
  • 5 Mile Population Exceeds 225,813 and is Projected to Grow by 2021
  • Average Household Income Within a 1 Mile Radius is $74,181
  • National Tenants in the Immediate Area Include: Meijer, McDonalds, Taco Bell, Tim Hortons, Aldi, Sonic Drive-In, Advance Auto Parts, O’Reilly Auto Parts, Dunkin Donuts, Dollar General, Fifth-Third Bank, Verizon, Little Cae-sars, Biggby Coffee and Many More