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Building Details

Year Built 2004

Stories 1

Tenancy Multi-Tenant

Listing Agency: Three West Commercial

Listed By: Bill Somerville · License #6501400610 Show Phone

Source: Cpix.resimplifi

Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:13AM

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Investment Insights

Based on property information with market context.

Retail space is available in a center anchored by Family Dollar, with suite options ranging from 1,000 to 4,560 square feet. Endcap space and monument signage are available. The property was built in 2004 and is zoned commercial.

The center fronts US 31. Save A Lot and a Family Fare-anchored retail center are to the south. Crystal Lake’s resort area is 1.5 miles away, while Crystal Mountain’s ski and golf resort is approximately 10 miles away.

Key Highlights

• Suite options from 1,000 to 4,560 square feet
• Endcap space and monument signage available
• Family Dollar‑anchored center on US 31

Property Analytics

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Current Use

Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Building Supply Bakery (Bike/Boat/Book/etc) Store

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

$1.96 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

111

Businesses Nearby

45k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 38% Dining 29% Home Improvements & Furnishings 25% Shops & Services 7%

Family Fare Groceries

14,417 visits/mo 0.2 miles

McDonald's Dining

13,184 visits/mo 0.1 miles

Tractor Supply Co. Home Improvements & Furnishings

7,174 visits/mo 0.3 miles

Nugent Ace Hardware Home Improvements & Furnishings

4,041 visits/mo 0.1 miles

Family Dollar Shops & Services

3,143 visits/mo 0.1 miles

Demographics for 49616, MI

2,068

Population

1,096

Households

1.9

Avg Household Size

48

Median Age

26%

College-Educated

95%

High-School Grad

36.2 sq mi

ZIP Area

57

Density / Sq Mi

$49,224

Median Household Income

$30,846

Median Earnings

$594

Median Rent

$204,100

Median Home Value

Market

Lease Benchmarks for Benzonia, MI

$11.2 /SF/Yr

Avg Asking Price

$10–$13.05 /SF/Yr

Price Range

2,280 SF

Avg Space Size

This space is priced 17% above the average of $11.2 /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

Frequently Asked Questions

What type of property is this?

Retail space - Retail suites offer endcap availability and signage options within a Family Dollar-anchored center.

Where is this retail space located?

The property is located at 1505 Benzie Hwy Benzonia, MI.

What is the lease rate?

The lease rate is $13.05 SF/Yr.

What are key features of this property?

This property features: Suite options from 1,000 to 4,560 square feet; Endcap space and monument signage available; Family Dollar‑anchored center on US 31