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Freestanding Retail and Medical Building
For Lease
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315 N State Rd, Otisville, MI 48463

Freestanding 2017-built building with modern design and 24 dedicated parking spaces, suitable for retail, medical, or service use.

Space Size8,320 SF
Days on Market432

Property Features for 315 N State Rd

General Information

Standard status Active
Size 8,320 SF
Total Parking Spaces 24
Property subtype RETAIL
Lease Type NNN

Amenities

monument signage

Building Details

Year Built 2017

Spaces For Lease

at 315 N State Rd Contact us

315 N State Rd $10/SF/Yr

Floor
Bldg
Size
8,320 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Freestanding former Family Dollar - Recently constructed in 2017 with a modern...
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Moodyscre
Added: Jul 16, 2025 Changed: Sep 8 Last Checked: Sep 19 at 7:26AM

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 freestanding former Family Dollar building was constructed in 2017 with a modern design and is available for lease. The offering includes ample on-site parking with 24 dedicated spaces and monument signage availability.

Located at 315 N State Rd in Otisville, Michigan, the property provides customer-oriented visibility and straightforward access for retail, medical, or service-based businesses.

With its stand-alone layout and off-street parking allocation, the building is positioned to support a variety of commercial uses, including retail and medical office applications.

Key Highlights

  • Freestanding former Family Dollar building constructed in 2017 with a modern design
  • 24 dedicated on‑site parking spaces
  • Suitable for retail, medical, or service‑based businesses

Property Analytics

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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Auto Repair Shop Garden Center (Bike/Boat/Book/etc) 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48463, MI

4,423
Population
1,902
Households
2.3
Avg Household Size
49
Median Age
18%
College-Educated
89%
High-School Grad
33.3 sq mi
ZIP Area
133
Density / Sq Mi
$69,893
Median Household Income
$38,451
Median Earnings
$835
Median Rent
$179,000
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?
Storefront property - Freestanding 2017-built building with modern design and 24 dedicated parking spaces, suitable for retail, medical, or service use.
Where is this storefront property located?
The property is located at 315 N State Rd Otisville, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Freestanding former Family Dollar building constructed in 2017 with a modern design; 24 dedicated on‑site parking spaces; Suitable for retail, medical, or service‑based businesses
(248) 488-2620 Call to check price and availability
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