Hard Corner Retail
3303 W Washington Ave Alpena, MI 49707
3303 W Washington Ave, Alpena, MI, 49707
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For Sale
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Hard corner retail center shadow-anchored by major retailers, with existing occupancy of 67% and NOI of about $360,510.
Property Size44,500 SF
Days on Market51
Property Features for 3303 W Washington Ave
General Information
- Standard status
- Active
- Size
- 44,500 SF
- Property subtype
- Retail
Listing agency
(248) 324-2000
Listed by
Josh Miller
Source
Friedmanrealestate
Added: Jun 1 Updated: Jul 21 at 1:06AM Checked: Jul 21 at 6:25AM
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 Josh Miller
Investment Insights
Based on property information with market context.
This hard corner retail center totals approximately 144,500 SF and is shadow anchored by Walmart, Home Depot, and Meijer. The property is described as a NNN retail asset with existing leased space of approximately 114,146 SF. Current performance is indicated at approximately 67% occupancy with NOI of about $360,510.
The center is located in the heart of Alpena’s retail corridor, serving as a commercial hub for Alpena and surrounding communities. It is also noted to be adjacent to the recently developed Northland Area Federal Credit Union with corporate offices.
The public remarks also indicate a lease-up and lease-structure strategy, including converting gross leases to NNN.
The center is located in the heart of Alpena’s retail corridor, serving as a commercial hub for Alpena and surrounding communities. It is also noted to be adjacent to the recently developed Northland Area Federal Credit Union with corporate offices.
The public remarks also indicate a lease-up and lease-structure strategy, including converting gross leases to NNN.
Key Highlights
- 44,500 SF hard corner retail center shadow‑anchored by Walmart, Home Depot, and Meijer
- 67% occupancy with existing leased space totaling 14,146 SF
- NOI about $360,510 (±) at 67% occupancy
Property Analytics
Location Intelligence
Current Use by Public Records
Crossroads Plaza
Shopping Center & Mall
Rightthere In Home Personal
Home Health Care Service
Plaza Self- Storage
Storage Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Crossroads Plaza — 3303 W Washington Ave, Alpena, MI 49707
- Secretary of State Self-service Station — 1254 M-32, Alpena, MI 49707
FAQs
What type of property is this?
Shopping center - Hard corner retail center shadow-anchored by major retailers, with existing occupancy of 67% and NOI of about $360,510.
Where is this shopping center located?
The property is located at 3303 W Washington Ave Alpena, MI.
What are key features of this property?
This property features: 44,500 SF hard corner retail center shadow‑anchored by Walmart, Home Depot, and Meijer; 67% occupancy with existing leased space totaling 14,146 SF; NOI about $360,510 (±) at 67% occupancy
