Retail Space in Multi-Tenant
1684 Wright Avenue, Alma, MI 48801
For Lease
$15 SF/Yr NNN
Interior space is offered on a triple-net lease with CAM in a plaza containing retail, dining, and service businesses.
Space Size2,000 SF
Days on Market1136
Property Features for 1684 Wright Avenue
General Information
Standard status
Size
Net Rentable
Zoning
Lease Type
Space & Availability
Available Space
Contiguous Space
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 463-6085
Listed By:
Bob Fall · License MI #6501436188
(989) 737-3927
Source:
Centralmirealty
Added: Oct 2, 2023
Changed: Nov 6
Last Checked: Nov 10 at 4:44AM
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
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Investment Insights
Based on property information with market context.
Retail space is available within North Town Plaza, a commercial-zoned property built in 1964. The plaza brings together retail and service businesses, several restaurants, a Secretary of State office, and a future community church. The available space is indoors, and the lease structure is triple net plus CAM.
The plaza is at 1684 Wright Avenue in Alma, along BUS-127. Meijer and Walmart are to the north, while a hospital and downtown are to the south. The center’s existing mix includes food options and a range of retail and service occupants.
The plaza is at 1684 Wright Avenue in Alma, along BUS-127. Meijer and Walmart are to the north, while a hospital and downtown are to the south. The center’s existing mix includes food options and a range of retail and service occupants.
Key Highlights
- North Town Plaza includes retail, service businesses, several restaurants, and food options
- Secretary of State office is among the plaza’s occupants
- A community church is planned for the plaza
Property Analytics
Who owns this building?
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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 - Interior space is offered on a triple-net lease with CAM in a plaza containing retail, dining, and service businesses.
Where is this retail space located?
The property is located at 1684 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: North Town Plaza includes retail, service businesses, several restaurants, and food options; Secretary of State office is among the plaza’s occupants; A community church is planned for the plaza
