Retail Center Investment Opportunity

Shopping Center for Lease
Catylist Listing ID: 30427366
Property Subtypes: Neighborhood Center, Strip Center
Contiguous Space: 22,280 SF
Building Size (RSF): 58,260 SF
Gross Land Area: 5.79 SF
Lease Rate: $6 PSF (Annual)
Base Monthly Rent: $11,140
Lease Types: Gross Lease
Building Name: Vienna Square
Last Updated: 5/23/2019

Overview / Comments

58,260 SF community shopping center presenting significant value-add opportunity. Co-Anchored by Goodwill and Mott Community College with 22,425 SF available of immediate lease. About 62% occupancy with $245,000 in place NOI. Located off of I-75 with excellent visibility. New roof and parking lot in 2017. Large Pylon signage, 225 parking spaces available.

Expand All Available Space

Suite: 2 22,280 SF $6 PSF (Annual) Gross Lease
Space Available: 22,280 SF
Lease Rate: $6 PSF (Annual)
$11,140 (Monthly)
Lease Type: Gross Lease
Space Description: 22,280 SF available between Goodwill and Mott Community College. Pylon signage and over 225 parking spaces.
Date Available: 5/1/2019
Space Type: New
Parking Spaces 225

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 25-18-16-400-019
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: M-57
Feet of Frontage: 268
Traffic/Vehicle Count: 112,000
Highway Access: I-75
Site Description: Located east of I-75 at the I-75/M-57 interchange.
Area Description: Area retailers include Tractor Supply, AutoZone Auto Parts, Randy Wise Chrysler Dodge Jeep Ram, Simms Chevrolet, Clio Urgent Care, Dairy Queen, Tim Horton's, McDonald's and many more.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1987
Parking Type: Surface
Total Parking Spaces: 225

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,438 15,901 38,932
Median Age: 42.69 41.23 40.48
Households: 593 6,358 15,395

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