Anchored Shopping Center with Junior
For Sale
Contact for pricing
Pending
1416 S Main St, Adrian, MI 49221
Multi-tenant retail center with national occupants, a freestanding healthcare outparcel, and additional junior box leasing capacity.
Property SizeContact for details
Days on Market141
Property Features for 1416 S Main St
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Family Farm & Home, Staples, Planet Fitness, Harbor Freight Tools
Traffic Count
41,590 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Columbus
(216) 264-2000
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 10:40PM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
This shopping center is anchored by Family Farm & Home, Staples, Planet Fitness, and Harbor Freight Tools, which together occupy 62% of leased GLA and account for 46.7% of EGI. The property also includes a freestanding Ivy Rehab outparcel operated by a national healthcare provider. A 27,679-square-foot junior box adjacent to Planet Fitness provides additional leasing capacity within the center.
The property is located at 1416 S Main St in Adrian, Michigan, just north of the intersection of Route 223 and S Main Street. The intersection carries 41,590 VPD. Adrian is positioned 38 miles from Toledo, 36 miles from the University of Michigan in Ann Arbor, and 71 miles from Detroit, with access to the broader Detroit-Warren-Ann Arbor CSA, identified in the source information as having a population of 5.3 million.
The tenant roster includes retail, office-supply, fitness, home furnishings, tools, and healthcare uses, creating a varied commercial mix across the property.
The property is located at 1416 S Main St in Adrian, Michigan, just north of the intersection of Route 223 and S Main Street. The intersection carries 41,590 VPD. Adrian is positioned 38 miles from Toledo, 36 miles from the University of Michigan in Ann Arbor, and 71 miles from Detroit, with access to the broader Detroit-Warren-Ann Arbor CSA, identified in the source information as having a population of 5.3 million.
The tenant roster includes retail, office-supply, fitness, home furnishings, tools, and healthcare uses, creating a varied commercial mix across the property.
Key Highlights
- Family Farm & Home, Staples, Planet Fitness, and Harbor Freight Tools occupy 62% of leased GLA
- The four primary anchors contribute 46.7% of EGI
- 27,679 SF junior box adjacent to Planet Fitness
Property Analytics
Property Profile
Current Use
Lease Details
41,590 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
261k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 33%
Home Improvements & Furnishings 13%
Superstores 7%
McDonald's
Dining
38,280 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
34,872 visits/mo
0.5 miles
Big Lots
Superstores
17,958 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
14,753 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,875 visits/mo
0.1 miles
Demographics for 49221, MI
41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Crossroads Plaza — 1416 S Main St, Adrian, MI 49221
- Michigan Secretary of State Self-service Station — 217 US-223, Adrian, MI 49221
- Adrian Plaza — 1392 S Main St, Adrian, MI 49221
- Adrian Mall — 1357 S Main St, Adrian, MI 49221
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with national occupants, a freestanding healthcare outparcel, and additional junior box leasing capacity.
Where is this shopping center located?
The property is located at 1416 S Main St Adrian, MI.
What are key features of this property?
This property features: Family Farm & Home, Staples, Planet Fitness, and Harbor Freight Tools occupy 62% of leased GLA; The four primary anchors contribute 46.7% of EGI; 27,679 SF junior box adjacent to Planet Fitness
