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Multi-Tenant Shopping Center

1071 Fort St, Lincoln Park, MI 48146

For Sale
New
$2,900,000

Fully leased retail center with Dollar General and Rent-A-Center among its retail, restaurant, and service tenants.

Property Size29,120 SF
Lot Size3.10 Acres
Price / SF$99.59
Days on Market2

Property Features for 1071 Fort St

General Information

Standard status Active
Size 29,120 SF
Lot size 3.10 Acres
Property subtype Commercial
Occupancy 100%
Net Operating Income $182,696

Additional Details

Anchor Co-Tenants Dollar General, Rent-A-Center
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $43,019

Building Details

Building Size 29,120 SF
Year Built 1987
Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License MI #6502392741
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 2:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forward Commercial Group

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Investment Insights

Based on property information with market context.

Built in 1987, this 29,120-square-foot shopping center occupies 3.10 acres and is fully leased. Dollar General and Rent-A-Center anchor a tenant roster that also includes Liquidation Center, Mr. Fish & Chicken, and Dr. Elem PC. The mix spans retail, restaurant, and service businesses.

The property is at 1071 Fort St in Lincoln Park, Michigan, with 528 feet of frontage along Fort Street. Its reported Walk Score is 67 and Bike Score is 43.

Key Highlights

  • 100% occupied shopping center
  • 29,120 square feet on 3.10 acres
  • 528 feet of frontage along Fort Street

Property Analytics

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Open Analytics

Current Use

Mr Fish & Chicken(Lincoln ... Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
McDonald's Dining
21,372 visits/mo 0.4 miles
Mobil Shops & Services
10,021 visits/mo 0.5 miles
Dollar General Shops & Services
9,312 visits/mo 0.1 miles
Mobil Shops & Services
6,617 visits/mo 0.3 miles
U-Haul Shops & Services
1,456 visits/mo 0.5 miles

Demographics for 48146, MI

40,245
Population
15,874
Households
2.5
Avg Household Size
37
Median Age
11%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
6,939
Density / Sq Mi
$57,183
Median Household Income
$36,886
Median Earnings
$972
Median Rent
$117,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Shopping centers in Wayne County, MI

$94.17 Jul
$95.86 Aug
$124 Sep
$142 Oct

Properties on Market for Shopping centers in Wayne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with Dollar General and Rent-A-Center among its retail, restaurant, and service tenants.
Where is this shopping center located?
The property is located at 1071 Fort St Lincoln Park, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 100% occupied shopping center; 29,120 square feet on 3.10 acres; 528 feet of frontage along Fort Street
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