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Three-Unit Mixed-Use Space
For Lease
$12 SF/Yr

200 W Loomis, Ludington, MI 49431

Tenant interiors can be customized after the owner completes a white-box finish, with utilities billed individually and no additional CAM.

Space SizeContact for details
Days on Market2045

Property Features for 200 W Loomis

General Information

Standard status Active

Additional Details

Lease Term 60 months

Building Details

Year Built 2018
Listed By: J.A. BACHLER
Source: Jabachler
Added: Mar 24, 2021 Changed: Oct 28 Last Checked: Oct 27 at 3:24AM

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 J.A. BACHLER

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Investment Insights

Based on property information with market context.

Three separate commercial units are available in Ludington’s DDA. The spaces are currently unfinished; the owner will deliver them with drywall, ceilings, electrical, heating, and fire suppression, plus an allowance for flooring. Tenants are responsible for their own unit customizations, and extensive upgrades may affect lease terms when paired with a longer commitment.

Lease terms include a five-year initial period and a five-year extension option. Each tenant pays utilities individually, with no additional CAM, and rent increases by 3% annually.

Key Highlights

  • Three separate commercial units available in Ludington’s DDA
  • Owner‑provided white‑box work includes drywall, ceilings, electrical, heating, and fire suppression
  • Flooring allowance included; tenants fund unit customization

Property Analytics

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Open Analytics

Current Use

Loomis Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy Auto Repair Shop HVAC Service Plumbing Service

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 49431, MI

17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Tenant interiors can be customized after the owner completes a white-box finish, with utilities billed individually and no additional CAM.
Where is this mixed-use property located?
The property is located at 200 W Loomis Ludington, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Three separate commercial units available in Ludington’s DDA; Owner‑provided white‑box work includes drywall, ceilings, electrical, heating, and fire suppression; Flooring allowance included; tenants fund unit customization
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