806-812 Shoppers Lane Kalamazoo, MI
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Retail center with grocery store and Dollar Tree in Parchment.
Type:RETAIL
Property size:
18,402 SFLot size:
2.37 AcresPrice / SF:
$116/SF- Added:
- Mar 19, 2025
- Days on Market:
- 406
- Last Refresh:
- Apr 5 at 8:59 pm
Property Features for 806-812 Shoppers Lane
General Information
- Standard status
- Active
- Size
- 18,402 SF
- Lot size
- 2.37 Acres
- Property subtype
- RETAIL
Properties For Sale
at 806-812 Shoppers Lane Contact us
Listing agent Kevin Jappaya, CCIM (248) 931-1980
Listing office KJ Commercial (248) 931-1980
Listing date Mar 19, 2025
Source Moodyscre
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 KJ Commercial
Overview
Value-Add Retail Center Opportunity
This 29,825 square foot retail center presents a value-add opportunity. The property includes an 18,402 square foot operating grocery store, but the grocery store will vacate upon sale or lease. The owner added approximately 1,000 square feet to the grocery store, which is not reflected in the current square footage. Dollar Tree expanded by 4,273 square feet in 2023 and extended their lease for 10 years, adding five 5-year renewal options. The property is located on the northwest quadrant of S. Riverview Drive and Mosel Avenue, between Commerce Lane and Shoppers Lane, in Parchment, Michigan, just north of Kalamazoo. The surrounding area features many national and local retailers and restaurants. The location has over 111,000 residents within a 5-mile radius, offering a substantial customer base.
Location Intelligence
Current Use by Public Records
Shopping centers
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.571
- Latitude
- 42.3194
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Retail center with grocery store and Dollar Tree in Parchment.
Where is this shopping center located?
The property is located at 806-812 Shoppers Lane Kalamazoo, MI.
What is the asking price?
The asking price for this property is $2,149,999.
What are key features of this property?
This property features: Value‑add retail center with significant upside potential due to upcoming grocery store vacancy.; Established Dollar Tree with recent expansion (4,273 SF) and 10‑year lease extension.; High population density: Over 111,000 residents within a 5‑mile radius.
