Listing Agency: CBRE c***@cbre.com Show Phone

Listed By: Cameron Timmer · License #MI 6501380200 Show Phone

Source: Cbre

Added: Jul 17 Changed: Aug 30 Last Checked: Aug 30 at 1:56PM

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Investment Insights

Based on property information with market context.

This standalone retail building occupies a .52-acre corner parcel in downtown Harrison. The existing structure is in good condition and offers a straightforward commercial setting for retail or other commercial uses. Parking is available on the property, supporting customer and staff access.

The site is located at 161 East Beech Street and has access from two streets, providing multiple points of approach. Its downtown Harrison position places the property within the established central business area.

Key Highlights

• .52‑acre corner parcel in downtown Harrison
• Standalone retail building in good condition
• Access from two streets

Property Analytics

Property Profile

Current Use

Rite Aid Pharmacy Western Union Bank Dean E. Kotesky, ... Pharmacy Coinhub Bitcoin ATM ... Atm higi Physician

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Hair Salon Auto Repair Shop Plumbing Service

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

Yes

Paved road access

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

263

Businesses Nearby

53k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 52% Shops & Services 36% Groceries 12%

McDonald's Dining

13,125 visits/mo 0.3 miles

Dollar General Shops & Services

7,205 visits/mo 0.2 miles

Save-A-Lot Groceries

6,207 visits/mo 0.1 miles

Taco Bell Dining

6,161 visits/mo 0.4 miles

Family Dollar Shops & Services

5,481 visits/mo 0.0 miles

Demographics for 48625, MI

12,993

Population

10,903

Households

1.2

Avg Household Size

50

Median Age

9%

College-Educated

87%

High-School Grad

257.1 sq mi

ZIP Area

51

Density / Sq Mi

$45,156

Median Household Income

$30,012

Median Earnings

$615

Median Rent

$95,900

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Standalone retail building on a corner site with access from two streets and on-site parking.

Where is this retail space located?

The property is located at 161 East Beech Street Harrison, MI.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: .52‑acre corner parcel in downtown Harrison; Standalone retail building in good condition; Access from two streets