Listing Agency: Encore Real Estate Investment Services b***@encorereis.com Show Phone

Listed By: Brandon Hanna · License #6501349119

Source: Crexi

Added: Apr 10 Changed: Aug 24 Last Checked: Aug 29 at 6:44PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented with an indicated 9.72% cap rate. The offering is listed as approximately 8,000 SF of retail space.

The property is located at 1120 Crystal Avenue in Crystal Falls, MI 49920.

Key Highlights

• Retail property for sale with indicated 9.72% cap rate
• 8,000 SF retail building

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

Explore this area Business Placement

Demographics for 49920, MI

4,046

Population

3,236

Households

1.3

Avg Household Size

55

Median Age

22%

College-Educated

94%

High-School Grad

401.8 sq mi

ZIP Area

10

Density / Sq Mi

$61,028

Median Household Income

$36,355

Median Earnings

$916

Median Rent

$119,800

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 retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property for sale with an indicated 9.72% cap rate and 8,000 SF.

Where is this retail space located?

The property is located at 1120 Crystal Avenue Crystal Falls, MI.

What are key features of this property?

This property features: Retail property for sale with indicated 9.72% cap rate; 8,000 SF retail building