Search
Retail Space with Back Overhead Door
For Lease
$15 SF/Yr NNN

1588 Wright Avenue, Alma, MI 48801

COMMERCIAL - Alma, MI

Space SizeContact for details
Days on Market1059

Property Features for 1588 Wright Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Commercial
Exterior features Block
Lot features Shopping Center
Directions In back of Secretary of State. Access through same door as Secretary of State but use hallway to go back to unit.
Subdivision Gratiot
Standard status Active
Size 2,243 SF

Taxes and HOA fees

Tax Description No legal for lease.
Legal Description No legal for lease.

Building Details

Building materials Block
Roof type Membrane
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6506049037
Added: Sep 27, 2023 Changed: Aug 4 Last Checked: Aug 20 at 10:06PM
MLS# 1916221

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Nearly 2,250 square feet of lease space is available at Alma’s North Town Plaza. The unit is currently built out with a few offices and workshop space, and it includes an overhead door in the back that leads outside.

The Plaza is located on BUS-127 and is described as having high traffic counts. The property sits between Giants like Meijer and Walmart to the north and the Hospital and Downtown to the south. The tenant mix includes occupants of the Secretary of State, several restaurants, a future large Community Church, and other retail and service-based businesses.

The lease is offered as a Triple Net plus CAM.

Key Highlights

  • Nearly 2,250 sq ft of lease space available in Alma’s North Town Plaza
  • Space includes a few offices and workshop space
  • Overhead door at the back of the unit provides exterior access

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Spa & Massage Center

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

1
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
232k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Groceries 23% Shops & Services 21% Home Improvements & Furnishings 16%
Meijer Groceries
53,531 visits/mo 0.3 miles
McDonald's Dining
23,307 visits/mo 0.1 miles
Family Farm & Home Home Improvements & Furnishings
17,213 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
15,583 visits/mo 0.2 miles
Taco Bell Dining
15,093 visits/mo 0.3 miles

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value

Market

Lease Benchmarks for Alma, MI

$21.87 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,689 SF
Avg Space Size

This space is priced 31% below the average of $21.87 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Built-out retail suite with offices and workshop space, plus a back overhead door to the outside.
Where is this retail space located?
The property is located at 1588 Wright Avenue Alma, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Nearly 2,250 sq ft of lease space available in Alma’s North Town Plaza; Space includes a few offices and workshop space; Overhead door at the back of the unit provides exterior access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message