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Retail Space in Town Plaza
For Lease
$15 SF/Yr NNN (Triple Net)

1600 Wright Avenue, Alma, MI 48801

Lease space available in Alma’s North Town Plaza on BUS-127 with high traffic counts.

Space SizeContact for details
Property Size2,267 SF
Days on Market1051

Property Features for 1600 Wright Avenue

General Information

Standard status Active
Size 2,267 SF
Zoning Commercial
Lease Type NNN

Building Details

Building Size 2,267 SF
Year Built 1964
Tenancy Multi
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6506049037
Source: Phgrealty
Added: Sep 27, 2023 Changed: Aug 8 Last Checked: Aug 11 at 2:29PM

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 CENTURY 21 LEE-MAC REALTY

Investment Insights

Based on property information with market context.

Nearly 2,300 square feet of retail lease space is available in Alma’s North Town Plaza. The space was formerly a pizza restaurant and could work for a variety of retail or service uses. The lease is offered as a Triple Net plus CAM.

The Plaza is located on BUS-127 and benefits from high traffic counts. It sits between Giants including Meijer and Walmart to the north and the Hospital and Downtown to the south, with multiple dining options and a mix of retail and service-based occupants.

Additional tenants include the Secretary of State, several restaurants, and a future large Community Church, supporting a consistent, community-oriented customer base.

Key Highlights

  • Nearly 2,300 sq ft of lease space available in Alma’s North Town Plaza
  • Previously operated as a pizza restaurant; space could support many business uses
  • Lease space located on BUS‑127 with high traffic counts

Property Analytics

Current Use

Storefront properties

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
201k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Groceries 27% Shops & Services 17% Home Improvements & Furnishings 10%
Meijer Groceries
53,531 visits/mo 0.5 miles
McDonald's Dining
23,307 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
15,583 visits/mo 0.3 miles
Taco Bell Dining
15,093 visits/mo 0.4 miles
Burger King Dining
13,950 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

$24.26 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,752 SF
Avg Space Size

This space is priced 38% below the average of $24.26 /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
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Frequently Asked Questions

What type of property is this?
Storefront property - Lease space available in Alma’s North Town Plaza on BUS-127 with high traffic counts.
Where is this storefront property located?
The property is located at 1600 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 2,300 sq ft of lease space available in Alma’s North Town Plaza; Previously operated as a pizza restaurant; space could support many business uses; Lease space located on BUS‑127 with high traffic counts
More about this property
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