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57155 Gratiot Ave
New Haven, MI 48048

Early Extension | Absolute NNN Tractor Supply · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple Net – Tenant is operating with an Absolute NNN lease instead of the company’s standard Double Net lease.
  • Strong Fortune 500 Tenant – One of the largest company’s in the United States with a market cap of over $10B, has been in business since 1938
  • Densely Populated Area – Over 71,000 people live within 5 miles of the property.
  • Landlord has no obligations for costs and expenses whatsoever.
  • Currently operates in 47 U.S. States.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
22,716 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.56 AC
Zoning
RETAIL 5K
Parking
68 Spaces
Frontage
296 FT on Gratiot Avenue

ABOUT 57155 GRATIOT AVE , NEW HAVEN, MI 48048

1. Recent Long-Term Lease Extension – Tractor Supply amended their lease early last year for an additional 14.5 Years. This demonstrates the company’s long term commitment to the site as well as evidence of their satisfaction with store performance. 2. E-Commerce Proof Tenant – Tractor Supply continues to thrive as it opens up nearly 100 new stores annually throughout the United States. It’s ongoing demand for Brick-and Mortar space is strongly indicative of the Tenant’s long term need for this location in order to serve this community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-06-33-451-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$871,100
  • Listing ID: 19076107

  • Date on Market: 4/1/2020

  • Last Updated:

  • Address: 57155 Gratiot Ave, New Haven, MI 48048

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