The Dream Group Banquet Hall
High-Traffic Gratiot Ave Retail | NN Lease | Built-In Rent Growth
Investment highlights
Auction Date - May 4th (Mon) - May 6th (Wed) | (12:00 PM)
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Strong In-Place Cash Flow with Annual 3% Rent Increases Create Built-in NOI Growth Year After Year
Lease Structure is Double Net, with tenant responsible for HVAC, CAM, parking lot, taxes, and insurance
Freestanding 7,138 SF Building on a Main Commercial Corridor that Sits on 0.3 - Acre Parcel with Direct Street Frontage on Gratiot Ave Provides Excellent Visibility and Access
Positioned Along One of Metro Detroit’s Most Heavily Traveled Arteries with 44,380
Over 351,000 residents within 5 miles, supported by solid household incomes ($65K-$77K)
Surrounding Neighborhoods Show Consistent Consumer Activity and Demand for Retail, Food, and Event-Based Services
The property benefits from proximity to Kroger, Aldi, Tim Hortons, Dollar General, Midas, U-Haul, Taco Bell, Checkers, KFC, and more
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