Offering Memorandum
Investment Sale
Kercheval Place – Grocery Anchored
17000 Kercheval Ave
Grosse Pointe, Michigan
Grosse Pointe, Michigan
eCode:062i
Sales Price
Unpriced
NOI
$1,512,015
Building Size
78,058 SF
Lot Size
1.05 AC
Year Built
1920s-1960s / 2008 Full Renovation
Zoning
C-2
Anchor(s)
Trader Joe's
Starbucks
Pet Supplies Plus
Tenant Roster
- Trader Joe’s
- Pet Supplies Plus
- Starbucks
- Beaumont
- Ann Taylor Loft
- Merrill Lynch
- European Wax Center
- Nothing Bundt Cakes
- Great Clips
Traffic Count
Kercheval Ave (5,319 CPD)
Highlights
- Grocery Anchored
- Recent Leasing Activity | Recent Renewals
- Stable & Diverse Tenant Mix
- Prime Location in Downtown Grosse Pointe
- Strong Demographics
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 15,543 | 87,059 | 189,327 |
| Household Income | $213,250 | $121,539 | $99,219 |
| Daytime Pop | 6,322 | 19,616 | 44,062 |
SIMILAR PROPERTIES
Single-Tenant
219 Jari Dr
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan
$4,428,571 | 10,000 SF
Grand Rapids, Michigan
$4,428,571 | 10,000 SF
