Listing Agency: Mid America Real Estate - Michigan Inc E***@midamericagrp.com Show Phone

Listed By: Eric Birnholtz · License #KS 00225734

Source: Midamericagrp

Added: Mar 7 Changed: Jul 10 Last Checked: Aug 5 at 5:49AM

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Investment Insights

Based on property information with market context.

This retail space is located in a newly constructed strip center on Houghton Lake Drive in Prudenville, Michigan. The center is anchored by Starbucks and is well positioned in front of a shopping center anchored by Walmart and Home Depot. Other national tenants on the corridor include Dollar Tree, O’Reilly Auto Parts, Harbor Freight, and Tractor Supply Co., along with various national quick-service restaurant concepts.

Key Highlights

• Located in a newly constructed strip center anchored by Starbucks.
• Positioned in front of a Walmart and Home Depot anchored shopping center.
• High‑traffic location on Houghton Lake Drive in Prudenville, Michigan.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Electrical Service Restaurant Nail Salon Garden Center Real Estate Agency 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

103

Businesses Nearby

Explore this area Business Placement

Demographics for 48629, MI

7,420

Population

7,248

Households

1

Avg Household Size

56

Median Age

18%

College-Educated

90%

High-School Grad

77.5 sq mi

ZIP Area

96

Density / Sq Mi

$54,622

Median Household Income

$33,544

Median Earnings

$784

Median Rent

$142,300

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?

Strip mall - Retail space available in a newly constructed strip center.

Where is this strip mall located?

The property is located at 1953 W Houghton Lake Drive Prudenville, MI.

What are key features of this property?

This property features: Located in a newly constructed strip center anchored by Starbucks.; Positioned in front of a Walmart and Home Depot anchored shopping center.; High‑traffic location on Houghton Lake Drive in Prudenville, Michigan.