Building Details

Building Size 31,119 SF

Year Built 2004

Tenancy Multiple

Spaces For Lease

at 1145-1171 S Main St. Contact us

Suite F

Size

1,400 SF

Type

Retail

Lease Type

NNN

Availability

Active

Contact us

Listing Agency: Thomas Duke Company j***@thomasduke.com Show Phone

Listed By: James Porth · License #MI 6501296168

Source: Crexi

Added: Aug 6, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:26AM

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Investment Insights

Based on property information with market context.

This multi-tenant retail building is located in Chelsea, Michigan. The building has a total area of 31,986 square feet and is situated on a 4.64-acre lot.

Key Highlights

• Multi‑tenant retail building totaling 31,986 SF.
• Located on 4.64 acres in Chelsea, MI.
• Retail building built in 2004.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Restaurant HVAC Service Law Firm

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

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

746

Businesses Nearby

138k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 46% Shops & Services 36% Home Improvements & Furnishings 14% Electronics 4%

McDonald's Dining

26,799 visits/mo 0.5 miles

Culver's Dining

26,046 visits/mo 0.5 miles

Speedway Shops & Services

23,674 visits/mo 0.2 miles

Family Farm & Home Home Improvements & Furnishings

10,905 visits/mo 0.1 miles

Dollar Tree Shops & Services

10,744 visits/mo 0.1 miles

Demographics for 48118, MI

13,309

Population

5,864

Households

2.3

Avg Household Size

48

Median Age

51%

College-Educated

98%

High-School Grad

86.2 sq mi

ZIP Area

154

Density / Sq Mi

$87,934

Median Household Income

$55,637

Median Earnings

$1,576

Median Rent

$348,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant retail building totaling 31,986 SF on 4.64 acres.

Where is this shopping center located?

The property is located at 1145-1171 S Main St. Chelsea, MI.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Multi‑tenant retail building totaling 31,986 SF.; Located on 4.64 acres in Chelsea, MI.; Retail building built in 2004.