22332 E 9 Mile Rd - Supermarket FOR SALE


Saint Clair Shores, MI 48080
$13,336,200 USD
508-272-0585
22332 E 9 Mile Rd, Saint Clair Shores, MI for Sale
$13,336,200 USD
Supermarket - FOR SALE
1/4
null | 5% Cap Rate

22332 E 9 Mile Rd
Saint Clair Shores, MI 48080


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of the newly constructed Amazon Fresh at 22332 East 9 Mile Road in St. Claire Shores, Michigan. This newly renovated asset is 44,454 SF and will be home to Amazon Fresh and is expected to open in June of 2026. The property features excellent exposure along East 9 Mile Road (over 400 feet of frontage) that sees 29,000 vehicles per day. The newly-minted 15-Year NN lease includes six (6), five (5) year options and 10% rent increases every 5 years and at the start of each option. Amazon will be paying $666,810 ($15.00 PSF), which increases to $733,491 ($16.50 PSF) at the start of the sixth (6th) lease year. This investment combines the advantages of new construction, limited landlord responsibilities, and a stable credit profile, providing surety of cash flow for an investor.

FOR SALE DETAILS

PRICE

$13,336,200 USD

PRICE/SF

$270 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Amazon Fresh

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

3.76 AC

LAND SF

163,786 SF

ZONING

B-3

APN/PARCEL ID

09-14-34-201-021

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.