Greenville Retail Corridor Dominant
For Sale
Contact for pricing
205 S Greenville West Dr, Greenville, MI 48838
Retail property with investment grade tenants and scheduled rent increases.
Property Size95,054 SF
Price / SF$84.16
Days on Market105
Property Features for 205 S Greenville West Dr
General Information
Standard status
Active
Size
95,054 SF
Property subtype
RETAIL
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Maxwell Lippitt · License #6501378141
(248) 488-2620
Source:
Moodyscre
Added: May 15
Changed: Aug 17
Last Checked: Aug 26 at 2:37PM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This retail property, constructed in 2020, is located in a dominant position within the Greenville retail corridor. The property features an investment grade tenant lineup and a below-market rental structure, offering attractive occupancy costs. All tenants have contractual rent increases scheduled within the next 4–5 years, providing embedded net operating income growth. The property size is 95054 square feet. Minimal near-term capital expenditure is anticipated.
Key Highlights
- Investment grade tenant lineup ensures stability.
- Below market rental structure offers attractive occupancy costs.
- All tenants have contractual rent increases scheduled within the next 4–5 years, providing embedded NOI growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
403k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 30%
Groceries 19%
Apparel 11%
Meijer
Groceries
75,909 visits/mo
0.4 miles
Marshalls
Apparel
34,970 visits/mo
0.2 miles
McDonald's
Dining
26,078 visits/mo
0.2 miles
Five Below
Shops & Services
23,367 visits/mo
0.2 miles
Starbucks
Dining
23,186 visits/mo
0.3 miles
Demographics for 48838, MI
18,801
Population
7,461
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
93.1 sq mi
ZIP Area
202
Density / Sq Mi
$66,126
Median Household Income
$36,802
Median Earnings
$910
Median Rent
$190,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Marketplace Shoppes — Greenville, MI 48838
- Secretary of State Self-service Station — 606 S Greenville W Dr, Greenville, MI 48838
- Greenville West — W Carson City Rd, Greenville, MI 48838
Frequently Asked Questions
What type of property is this?
Shopping center - Retail property with investment grade tenants and scheduled rent increases.
Where is this shopping center located?
The property is located at 205 S Greenville West Dr Greenville, MI.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Investment grade tenant lineup ensures stability.; Below market rental structure offers attractive occupancy costs.; All tenants have contractual rent increases scheduled within the next 4–5 years, providing embedded NOI growth.
