Updated Retail
For Sale
Contact for pricing
2101-2113 W Michigan Ave, Jackson, MI 49202
Open-plan retail suite with office support space, restroom facilities, and convenient customer parking.
Property Size65,424 SF
Price / SF$0.00
Days on Market48
Property Features for 2101-2113 W Michigan Ave
General Information
Standard status
Active
Size
65,424 SF
Property subtype
Retail
Lease Term
NNN
Additional Details
Highway Access
Yes
Building Details
Building Size
65,424 SF
Year Built
1982
Properties For Sale
at 2101-2113 W Michigan Ave
2103
Size
3,828 SF
Term
Negotiable
Listing Agency:
NAI Mid-Michigan
Listed By:
Jeffrey Branch · License #MI #6506049327
(517) 899-6368
Source:
Naiglobal
Added: Sep 13
Last Checked: Oct 30 at 11:09AM
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 NAI Mid-Michigan
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,828 SF retail space at 2101-2113 W. Michigan Ave offers a recently updated interior with an open floor plan, dedicated office area, and two restrooms. The layout provides a flexible base for a range of storefront operations and can be adapted to specific space requirements.
The property offers convenient access to I-94 and 127 and is located near Westwood Mall. Storefront parking supports customer access, while nearby retailers include Jimmy Johns, Jets Pizza, and Vermeulen Furnishings. The building was constructed in 1982, and the space is available immediately.
The property offers convenient access to I-94 and 127 and is located near Westwood Mall. Storefront parking supports customer access, while nearby retailers include Jimmy Johns, Jets Pizza, and Vermeulen Furnishings. The building was constructed in 1982, and the space is available immediately.
Key Highlights
- 3,828 SF of retail space available immediately
- Recently updated interior with an open floor plan
- Includes office area and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,399
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,980
$528.0K
Cap Rate 7%
$377,129
$377.1K
Cap Rate 9%
$293,322
$293.3K
Market Conditions
NOI Build-Up for 3,828 SF
Gross rent
$45.9K $12.00/SF
− Vacancy
−$8.2K −$2.15/SF
EGI
$37.7K $9.85/SF
− OpEx
−$11.3K −$2.96/SF
NOI
$26.4K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,980
Cap Rate 7%
$377,129
Cap Rate 9%
$293,322
Alternative Uses
Best Use
Retail
$377.1K
$330.0K – $440.0K
NOI $26,399 @ 7.0% cap · market cap 219,991.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.1K
$534.7K – $712.9K
NOI $42,776 @ 7.0% cap · market cap 356,466.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
75k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Taco Bell
Dining
17,030 visits/mo
0.5 miles
Burger King
Dining
13,430 visits/mo
0.3 miles
Little Caesars Pizza
Dining
9,088 visits/mo
0.1 miles
Dollar General
Shops & Services
7,574 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,181 visits/mo
0.4 miles
Demographics for 49202, MI
19,359
Population
9,598
Households
2
Avg Household Size
37
Median Age
15%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$41,916
Median Household Income
$30,638
Median Earnings
$915
Median Rent
$104,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Open-plan retail suite with office support space, restroom facilities, and convenient customer parking.
Where is this retail space located?
The property is located at 2101-2113 W Michigan Ave Jackson, MI.
What are key features of this property?
This property features: 3,828 SF of retail space available immediately; Recently updated interior with an open floor plan; Includes office area and two restrooms
