Retail Center in Coldwater,
For Lease
$8 SF/Yr
488 Marshall St, Coldwater, MI 49036
132,629 SF retail center with immediate occupancy.
Space SizeContact for details
Lot Size10.03 Acres
Days on Market118
Property Features for 488 Marshall St
General Information
Standard status
Active
Lot size
10.03 Acres
Property subtype
Commercial
Building Details
Year Built
1960
Units
1
Listing Agency:
NAI Wisinski of West Michigan - Kalamazoo
(269) 370-6437
Listed By:
Connor Schultze · License #6501373674
(269) 370-6437
Source:
Elliman
Added: Apr 26
Changed: Aug 19
Last Checked: Aug 20 at 11:06AM
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 NAI Wisinski of West Michigan - Kalamazoo
Investment Insights
Based on property information with market context.
Fairfield Plaza is a 132,629 square foot retail center situated on 10.03 acres. It is located on the east side of Marshall Street, also known as Old US Highway 27, just south of State Street in Coldwater, Michigan. The property offers a variety of suite sizes available for immediate occupancy. The location provides easy access to and from Marshall Street. A highly visible pylon sign is present, aiding in the identification of tenants and the property itself. The property is suitable for retail use. The location has a walk score of 17, indicating car-dependence, and a bike score of 40, suggesting it is somewhat bikeable. Lease terms are available for up to 60 months. Current tenants include Subway, Hungry Howie's, Children's Museum, Dance Factory, Select Health, and LinCare, along with other local retailers. The property allows tenants to capitalize on the traffic generated by these businesses.
Key Highlights
- High‑visibility pylon sign for tenant identification
- Easy ingress and egress from Marshall Street
- Variety of suite sizes available for immediate occupancy
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 24%
Home Improvements & Furnishings 3%
Shell
Shops & Services
9,722 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,130 visits/mo
0.0 miles
SUBWAY
Dining
3,025 visits/mo
0.1 miles
Hungry Howie's Pizza
Dining
2,183 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
714 visits/mo
0.1 miles
Demographics for 49036, MI
24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value
Market
Lease Benchmarks for Coldwater, MI
$7.58 /SF/Yr
Avg Asking Price
$6–$8 /SF/Yr
Price Range
94,194 SF
Avg Space Size
This space is priced 5% above the average of $7.58 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - 132,629 SF retail center with immediate occupancy.
Where is this shopping center located?
The property is located at 488 Marshall St Coldwater, MI.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: High‑visibility pylon sign for tenant identification; Easy ingress and egress from Marshall Street; Variety of suite sizes available for immediate occupancy
