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Grand River Retail/Light Industrial Space

1850 W Grand River Ave, Okemos, MI 48864

For Lease
$17 SF/Yr NNN

Retail and light industrial spaces available in Okemos shopping center.

Space SizeContact for details
Property Size21,168 SF
Days on Market254

Property Features for 1850 W Grand River Ave

General Information

Standard status Active
Size 21,168 SF
Property subtype Retail, Industrial
Zoning COMMERCIAL
Lease Type NNN

Building Details

Building Size 21,168 SF
Year Built 1972
Listing Agency: Colliers Lansing
Listed By: Shawn H. O'Brien · License #6502358107
Source: Cpix.resimplifi
Added: Mar 1 Changed: Aug 8 Last Checked: Aug 8 at 6:56AM

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 Colliers Lansing

Rey
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Investment Insights

Based on property information with market context.

Located in Okemos, this property offers retail and light industrial spaces ranging from 2,000 to 5,740 square feet within a prominent shopping center. The site benefits from excellent frontage on Grand River Avenue, a busy thoroughfare with daily traffic counts exceeding 15,900 vehicles per day. Pylon signage and ample parking are available. Anchor tenants include Sherwin Williams and Goodwill, contributing to heavy foot traffic. Other tenants include Jersey Giant and Mert’s Meat Market. Specifically, 2,000 square feet of retail space is available at 1850 W Grand River, offered at $17.00 per square foot NNN. Additionally, 2,362 to 5,740 square feet of retail or light industrial space is available at 1870 W Grand River, offered at $9.00 per square foot NNN. The property is situated immediately east of the Meridian Mall.

Key Highlights

  • Prominent location on Grand River Ave. in Okemos, east of Meridian Mall.
  • High daily traffic count exceeding 15,900 VPD.
  • Anchor tenants Sherwin Williams and Goodwill generate heavy foot traffic.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sherwin-Williams Paint Store Painting

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage Big Box & Wholesale Store Storage Facility Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

Demographics for 48864, MI

22,804
Population
9,903
Households
2.3
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
1,135
Density / Sq Mi
$113,145
Median Household Income
$64,120
Median Earnings
$1,281
Median Rent
$358,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Okemos, MI

$16.33 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
12,694 SF
Avg Space Size

This space is priced 4% above the average of $16.33 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Ingham County, MI

$28.82 Jul
$17.54 Aug
$16.26 Sep
$16.32 Oct

Properties on Market for Retail space in Ingham County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail and light industrial spaces available in Okemos shopping center.
Where is this retail space located?
The property is located at 1850 W Grand River Ave Okemos, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prominent location on Grand River Ave. in Okemos, east of Meridian Mall.; High daily traffic count exceeding 15,900 VPD.; Anchor tenants Sherwin Williams and Goodwill generate heavy foot traffic.
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