Listing Agency: Gerdom Realty & Investment

Listed By: Tjader T. S. Gerdom · License #6502367710 Show Phone

Source: Cpix.resimplifi

Added: May 18 Changed: Aug 14 Last Checked: Sep 9 at 5:18AM

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Investment Insights

Based on property information with market context.

Join Family Fare Supermarket, Advance Auto Parts, and other retailers at Gladwin Center. The center is arranged to support neighborhood shopping, with on-site ample parking and large monument signage.

Gladwin Center is located on the city’s main thoroughfare and is easily accessible from both North State Street and Weber Road. The property is also less than a half mile from Gladwin High School, helping place retail services near a steady local destination.

Key Highlights

• Shopping center anchored by Family Fare Supermarket
• Ample parking for customers and visitors
• Large monument signage

Property Analytics

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Current Use

Family Fare Supermarket Grocery & Convenience Store Family Fare Pharmacy Pharmacy Primo Water Refill Big Box & Wholesale Store Western Union Bank Fast Lane Take-out & Catering

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Daycare Center Cafe & Coffee Shop

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

$1.13 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

207

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48624, MI

15,739

Population

11,073

Households

1.4

Avg Household Size

51

Median Age

15%

College-Educated

88%

High-School Grad

341.2 sq mi

ZIP Area

46

Density / Sq Mi

$55,415

Median Household Income

$35,481

Median Earnings

$689

Median Rent

$154,000

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

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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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center anchored by Family Fare Supermarket with ample parking and prominent monument signage.

Where is this shopping center located?

The property is located at 1204 N State St Gladwin, MI.

What is the lease rate?

The lease rate is $7.50 SF/Yr.

What are key features of this property?

This property features: Shopping center anchored by Family Fare Supermarket; Ample parking for customers and visitors; Large monument signage