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Retail Shopping Center Near I-96
New
For Lease
$1,300/Mo

2311 Jolly Road, Okemos, MI 48864

The center sits near the Jolly Road and Okemos Road intersection, with established businesses among its tenants.

Space SizeContact for details
Property Size24,000 SF
Days on Market2

Property Features for 2311 Jolly Road

General Information

Standard status Active
Size 24,000 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Building Details

Building Size 24,000 SF
Tenancy Multi
Listing Agency: Lansing
Listed By: Amy Richter-Perkins
Source: Colliers
Added: Sep 26 Last Checked: Sep 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 Lansing

Investment Insights

Based on property information with market context.

Woodland Square is a retail plaza of approximately 24,000 SF, located immediately west of the Jolly Road and Okemos Road intersection and just off I-96. Current tenants include Backyard BBQ, Vine & Brew, Kim’s Nails, and ASAP Printing.

Traffic counts are 12,843 VPD on Jolly Road, 27,299 VPD on Okemos Road, and 51,775 VPD on I-96. National retailers and restaurants are nearby, and new development projects are underway in the surrounding area.

Key Highlights

  • Approximately 24,000 SF retail plaza
  • 12,843 VPD on Jolly Road, 27,299 VPD on Okemos Road, and 51,775 VPD on I‑96
  • Immediately west of the Jolly Road and Okemos Road intersection, just off I‑96

Property Analytics

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Current Use

Vine & Brew (Bike/Boat/Book/etc) Store FedEx Drop Box Postal Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Hair Salon Electrical 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,094
Businesses Nearby
189k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Shops & Services 9% Hotels & Casinos 7% Electronics 1%
McDonald's Dining
30,245 visits/mo 0.1 miles
Culver's Dining
21,180 visits/mo 0.3 miles
Dunkin' Donuts Dining
18,147 visits/mo 0.2 miles
Cracker Barrel Old Country Store Dining
16,727 visits/mo 0.2 miles
Starbucks Dining
15,975 visits/mo 0.1 miles

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

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?
Shopping center - The center sits near the Jolly Road and Okemos Road intersection, with established businesses among its tenants.
Where is this shopping center located?
The property is located at 2311 Jolly Road Okemos, MI.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Approximately 24,000 SF retail plaza; 12,843 VPD on Jolly Road, 27,299 VPD on Okemos Road, and 51,775 VPD on I‑96; Immediately west of the Jolly Road and Okemos Road intersection, just off I‑96
More about this property
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