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Gibraltar Plaza

24637 Gibraltar Road, Flat Rock, MI 48134

  • For Sale $1,600,000
  • Property Type Retail - Freestanding
  • Property Size 36,820 Sqft
  • Lot Size 4.91 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Sep 27, 2021
Flat Rock is a city mostly in Wayne County of the U.S. state of Michigan. The City of Flat Rock prides itself on the services they provide for their citizens. The City is unique to its surrounding communities with the extra amenities that we continue to provide to the citizens as part of our normal routine. In the last 10 years Flat Rock has grown from a sleepy suburb on the fringes of Wayne County to a booming development area. Property values have substantially increased and population in the next census is also expected to increase. Flat Rock Assembly Plant, formerly known as Ford's Michigan Casting Center (MCC) (1972–81), Mazda Motor Manufacturing USA (1987–92) and AutoAlliance International (1992–2012), is a Ford Motor Company assembly plant located at 1 International Drive in Flat Rock, Michigan in Metro Detroit. The plant currently comprises 2,900,000 square feet (270,000 m2) of production space and employs 3,510 hourly workers and 140 salaried workers — and currently manufactures the Ford Mustang and the tenth generation Lincoln Continental.
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Location

  • City Flat Rock, MI
  • Neighborhood Flat Rock
  • Zip Code 48134
  • Market Detroit

Contacts

Ryan Vinco

Encore Real Estate Investment Services

(248) 702-0299

Highlights

  • 56% Occupied Multi-Tenant Retail Center | Immediate Upside Through Leasing the Remaining Vacancy
  • Subject Property is a 36,820+ Square Foot Retail Center Located on Approximately 4.91 Acres of Land
  • National Tenants Include Anytime Fitness and Hungry Howie's
  • Benefits from Excellent Street Visibility with Multiple Points of Ingress and Egress - Over 13,385+ Vehicles Per Day
  • Low Price Per Square Foot Well Below Replacement Costs
  • In Close Proximity to Interstate I-75 - Over 73,537+ VPD and the 2.9 Million SF Ford Flat Rock Assembly Plant
  • The Subject Property Features a Lineup of Both National and Regional Daily Needs Tenants
  • Average Household Income within 1-Mile Exceeds $88,694 | Average HHI within 3-Miles: $89,443 | Average HHI within 5-Miles: $86,136
  • Population within 5 Miles Exceeds 80,395
  • National Tenants in the Immediate Area Include: Dollar General, Rite Aid, Dairy Queen, Burger King, Kroger, Tim Horton's, McDonalds, Wendy's and More
  • Flat Rock is Located Approximately 25 Miles Southwest of Downtown Detroit

Frequently Asked Questions

What is the total square footage of Gibraltar Plaza?

Gibraltar Plaza totals 36,820 square feet.

When was this property built?

Gibraltar Plaza was built in 1965.

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Contact Listing Broker

Ryan Vinco

Encore Real Estate Investment Services

(248) 702-0299

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