Build-to-Suit Retail
For Lease
$13,800/Mo Modified Gross
127 E Superior Street, Alma, MI 48801
Modified gross lease with tenant-paid utilities and access to the adjacent municipal parking lot.
Space Size2,000 SF
Days on Market173
Property Features for 127 E Superior Street
General Information
Standard status
Active
Size
2,000 SF
Net Rentable
2,000 SF
Zoning
Commercial
Lease Type
Modified Gross
Space & Availability
Available Space
2,000 SF
Contiguous Space
2,000 SF
Building Details
Building Size
2,000 SF
Year Built
1924
Listing Agency:
II GEMINI, LLC
Listed By:
Ryan Smith · License #6502407123
(989) 708-6850
Source:
Housewant
Added: May 14
Changed: Oct 27
Last Checked: Oct 31 at 4:04AM
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 II GEMINI, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B is a 2,000-square-foot commercial space with an open layout, existing service areas, sinks, counters, shelving, and customer-facing areas. The current drop ceiling is approximately 10 feet high; it may be opened to the original ceiling height of approximately 14 feet. The landlord will consider a build-to-suit arrangement, with tenant improvements and related costs negotiated as part of the lease structure.
The space is accessed from Woodworth Avenue and sits beside the city municipal parking lot. The modified gross lease structure assigns the tenant responsibility for its portion of utilities.
The space is accessed from Woodworth Avenue and sits beside the city municipal parking lot. The modified gross lease structure assigns the tenant responsibility for its portion of utilities.
Key Highlights
- Approximately 2,000 square feet in Unit B
- Build‑to‑suit lease arrangement may be considered
- Open floor plan with service areas, sinks, counters, shelving, and customer‑facing areas
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Home Improvements & Furnishings 20%
Dollar General
Shops & Services
7,511 visits/mo
0.1 miles
Alma True Value Hardware
Home Improvements & Furnishings
2,218 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
2,031 visits/mo
0.3 miles
Citgo
Shops & Services
1,713 visits/mo
0.4 miles
Mercantile Bank
Shops & Services
1,213 visits/mo
0.2 miles
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Alma, MI
$29.4 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,696 SF
Avg Space Size
This space is priced 182% above the average of $29.4 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Modified gross lease with tenant-paid utilities and access to the adjacent municipal parking lot.
Where is this retail space located?
The property is located at 127 E Superior Street Alma, MI.
What is the lease rate?
The lease rate is $13,800/Mo.
What are key features of this property?
This property features: Approximately 2,000 square feet in Unit B; Build‑to‑suit lease arrangement may be considered; Open floor plan with service areas, sinks, counters, shelving, and customer‑facing areas
