281 Grand Ave East

• The Property's strategic location on Grand Avenue East creates a prime retail opportunity in the east side of Chatham on the main thoroughfare in and out of Chatham.

• The Property fronts on the north side of Grand Avenue East at the non-lighted 3-way intersection of Grand Avenue East and Memory Lane across from the Home Hardware shadow anchor on the south side of Grand Avenue East.

• The site is complimented by Mr. Lube and an automotive paint supplier. Three of the available units have front and rear access.

• The Commercial UC (HC1) zoning link below provides for a variety of retail and commercial uses, such as Auto Sales and Service, Eating Establishments, Car Wash, Laundromat, Retail Stores.

• Net Rent: $18.00 PSF

• Additional Rent: PSF [2025 estimate]

(i) Property tax: $2.50 PSF

(ii) Operating Costs: $1.25 PSF

(iii) Property Management Fee: Five (5%) of net rent

• Building/Land Area: ~ 17,045 sf single story building on ~ 1.34 acres fronting on Grand Avenue East

• Leasable Area: (i) ~ 8,950 sf comprised of 4 units are available for immediate possession and (ii) units range from ~ 1,221 sf to 3,583 sf or a size to be mutually configured.

• Parking; 70 parking spaces

• Zoning; UC (HC1) Highway Commercial First Density