Multi-Tenant Retail Strip
For Sale
Contact for pricing
1384 W Main St., Gaylord, MI 49735
Nearly-new multi-tenant retail strip center with triple-net tenants and adjacent Panera Bread and ALDI.
Property SizeContact for details
Days on Market121
Property Features for 1384 W Main St.
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 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 CBRE
Investment Insights
Based on property information with market context.
This fee simple offer presents a multi-tenant retail strip center with a nearly-new buildout. The center is currently 53% occupied by four tenants: Tropical Smoothie, Great Clips, Five Guys, and Wild Bills Tobacco. All tenants are on triple net (NNN) leases, with reimbursement for shopping center common area maintenance expenses.
The property is located on Main St in Gaylord, MI, about one mile west of the city center. It is roughly half a mile west of the intersection of Interstate 75 and Main St, and about 1.3 miles north of the Gaylord Regional Airport. The strip center is adjacent to Panera Bread and ALDI, which are also available for sale.
The seller proposes a cash transaction and the offering is free and clear of existing debt.
The property is located on Main St in Gaylord, MI, about one mile west of the city center. It is roughly half a mile west of the intersection of Interstate 75 and Main St, and about 1.3 miles north of the Gaylord Regional Airport. The strip center is adjacent to Panera Bread and ALDI, which are also available for sale.
The seller proposes a cash transaction and the offering is free and clear of existing debt.
Key Highlights
- Multi‑tenant retail strip center in Gaylord, MI on Main St, fee simple interest for sale
- Nearly‑new building currently 53% occupied by four tenants: Tropical Smoothie, Great Clips, Five Guys, and Wild Bills Tobacco
- All tenants are on triple net (NNN) leases reimbursing the landlord for shopping center common area maintenance expenses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
383k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Dining 29%
Home Improvements & Furnishings 14%
Apparel 8%
Hobby Lobby
Shops & Services
28,816 visits/mo
0.3 miles
Culver's
Dining
28,535 visits/mo
0.2 miles
Taco Bell
Dining
24,180 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
23,006 visits/mo
0.2 miles
Aldi
Groceries
17,276 visits/mo
0.0 miles
Demographics for 49735, MI
20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Nearly-new multi-tenant retail strip center with triple-net tenants and adjacent Panera Bread and ALDI.
Where is this strip mall located?
The property is located at 1384 W Main St. Gaylord, MI.
What are key features of this property?
This property features: Multi‑tenant retail strip center in Gaylord, MI on Main St, fee simple interest for sale; Nearly‑new building currently 53% occupied by four tenants: Tropical Smoothie, Great Clips, Five Guys, and Wild Bills Tobacco; All tenants are on triple net (NNN) leases reimbursing the landlord for shopping center common area maintenance expenses
