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Improved Retail Center Space
For Lease
$12 SF/Yr

G-950 W Norton Ave, Muskegon, MI 49441

Available retail space within a center serving nearby high-density residential neighborhoods.

Space SizeContact for details
Days on Market649

Property Features for G-950 W Norton Ave

General Information

Standard status Active

Building Details

Tenancy Multi
Listing Agency: Core Realty Partners LLC
Listed By: Troy Wasserman · License #6501349494
Source: Exprealty
Added: Nov 20, 2024 Changed: Aug 30 Last Checked: Aug 30 at 9:44AM

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 Core Realty Partners LLC

Investment Insights

Based on property information with market context.

Retail space is available at Park Place, a shopping center on W Norton Ave in Muskegon. Recent property improvements include updated building signage and exterior façade work, providing refreshed elements for the center’s retail presentation.

The property sits along the Norton Avenue and Henry Street corridor, near Meijer and Walmart and adjacent to high-density residential neighborhoods. Existing center tenants include Goodwill, Jet's Pizza, Yodel's Frozen Yogurt, Alive Health Family Chiropractic, Success Virtual Learning Centers, Ross Medical Education Center, and Pints and Quarts.

Key Highlights

  • Retail space available within Park Place
  • Located on the Norton Avenue and Henry Street corridor
  • Near Meijer and Walmart

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Food Market

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 49441, MI

36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
Median Home Value

Market

Lease Benchmarks for Muskegon, MI

$12.27 /SF/Yr
Avg Asking Price
$4.22–$28 /SF/Yr
Price Range
7,660 SF
Avg Space Size

This space is priced 2% below the average of $12.27 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Available retail space within a center serving nearby high-density residential neighborhoods.
Where is this retail space located?
The property is located at G-950 W Norton Ave Muskegon, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Retail space available within Park Place; Located on the Norton Avenue and Henry Street corridor; Near Meijer and Walmart
More about this property
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