Listing Agency: NAI Wisinski of West Michigan j***@naiwwm.com Show Phone

Listed By: Jodi K Milks · License #6506044331 Show Phone

Source: Exprealty

Added: May 22 Changed: Aug 20 Last Checked: Aug 29 at 2:00PM

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Investment Insights

Based on property information with market context.

Key Highlights

• 6,954 SF and 14,261 SF retail suites available for lease at White Lake Shopping Center
• Join the new ALDI in a recently redeveloped shopping center with updated facade improvements
• Redevelopment facade improvements were completed during ALDI’s opening in October 2025

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Hair Salon Dental Office Nail Salon Garden Center

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

194

Businesses Nearby

7k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 82% Electronics 18%

BIGGBY COFFEE Dining

6,064 visits/mo 0.2 miles

Verizon Electronics

1,323 visits/mo 0.2 miles

Demographics for 49461, MI

9,295

Population

4,220

Households

2.2

Avg Household Size

47

Median Age

30%

College-Educated

97%

High-School Grad

43.2 sq mi

ZIP Area

215

Density / Sq Mi

$80,495

Median Household Income

$42,249

Median Earnings

$874

Median Rent

$245,600

Median Home Value

Market

Lease Benchmarks for Whitehall, MI

$11 /SF/Yr

Avg Asking Price

$11–$11 /SF/Yr

Price Range

34,688 SF

Avg Space Size

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

Where is this shopping center located?

The property is located at 3255-3263 Colby Rd Whitehall, MI.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: 6,954 SF and 14,261 SF retail suites available for lease at White Lake Shopping Center; Join the new ALDI in a recently redeveloped shopping center with updated facade improvements; Redevelopment facade improvements were completed during ALDI’s opening in October 2025