Retail Suite with Two
1610 Wright Avenue, Alma, MI 48801
For Lease
$15 SF/Yr NNN
Commercially zoned space in a multi-tenant plaza, with prior retail use and a triple-net lease plus CAM.
Space Size1,330 SF
Days on Market1141
Property Features for 1610 Wright Avenue
General Information
Standard status
Size
Net Rentable
Zoning
Lease Type
Space & Availability
Available Space
Contiguous Space
Space Use
Additional Details
Anchor Co-Tenants
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
CENTRAL REAL ESTATE MT PLEASANT, INC.
(989) 773-6000
Listed By:
Dave Zamarron · License MI #6502102202
(989) 621-8972
Source:
Centralmirealty
Added: Sep 27, 2023
Changed: Nov 4
Last Checked: Nov 10 at 4:52AM
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 CENTRAL REAL ESTATE MT PLEASANT, INC.
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Investment Insights
Based on property information with market context.
A 1,330-square-foot retail suite is available within North Town Plaza. The space was previously used for retail and contains two bathrooms. The plaza dates to 1964, and the property is zoned Commercial. The lease is structured as triple net plus CAM.
The plaza is on BUS-127 in Alma, between Meijer and Walmart to the north and the hospital and downtown to the south. Other occupants include the Secretary of State, restaurants, a future community church, and retail and service businesses.
The plaza is on BUS-127 in Alma, between Meijer and Walmart to the north and the hospital and downtown to the south. Other occupants include the Secretary of State, restaurants, a future community church, and retail and service businesses.
Key Highlights
- 1,330 square feet of available retail space
- Two bathrooms in the suite
- Triple‑net lease plus CAM
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
232k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Alma, MI
$23.05 /SF/Yr
Avg Asking Price
$6.21–$82.8 /SF/Yr
Price Range
2,547 SF
Avg Space Size
This space is priced 35% below the average of $23.05 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Gratiot County, MI
Properties on Market for Retail space in Gratiot County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned space in a multi-tenant plaza, with prior retail use and a triple-net lease plus CAM.
Where is this retail space located?
The property is located at 1610 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: 1,330 square feet of available retail space; Two bathrooms in the suite; Triple‑net lease plus CAM
