20599 Mack Ave
Grosse Pointe Woods, MI 48236
Commerce de détail Propriété À vendre

Lease Term Remaining: ±6.25 years remaining in the primary term of 15 years.
• Increases in Primary Term: The rent increases by 10% after 2026 with an adjusted cap rate of
7.79% for the remainder of the primary term.
• Minimal Landlord Responsibilities: The lease features a lease type of +NN and a 15 year
roof warranty.
• Strategic Location: Shadow Anchored by Kroger (+1M Visitors Annually) and near Trader Joes,
Mejier, Lowes, Home Depot, etc.
• Grosse Pointe City Planning: Grosse Pointe’s thoughtful city planning has fostered a strong sense
of community identity and carefully preserved the unique character of its neighborhoods from the
city of Detroit.
• Affluent Demographics: Located in the exclusive Grosse Pointe with ±123,977 residents with AHHI
of $84,167 within 3-miles, and ±732,000 residents with AHHI of $70,050 within a 10-miles.
• Detroit, MI (MSA): The most populous city in Michigan and acts as a major hub for a diverse range
of industries, including automotive and mobility, advanced manufacturing, healthcare and life
sciences, financial services, and information technology.
• Strong Healthcare Synergy: Strategically located between Children’s Hospital of Michigan & Henry
Ford Macomb Hospital which provides patients with access to quick and affordable care.
• Access & Visibility: Mack Ave receives ±25,000 VPD and serves as a major commercial artery for
the five Grosse Pointe communities.
• Strong Educational Presence: Located 14 miles from the University of Detroit Campus with over
eighteen K-12 schools.