Building Details

Year built 1900

Listing Agency: NAI Wisinski of West Michigan Show Phone

Listed By: Kara Schroer · License #6501373674 Show Phone

Added: Jul 29, 2021 Changed: Sep 7 Last Checked: Sep 26 at 9:06AM

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MLS# 21097455

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Investment Insights

Based on property information with market context.

Center Plaza is a 43,197-square-foot commercial property on 1 acre with suites configured for neighborhood-oriented business activity. The rear suites provide flex space and include 10-foot overhead doors, supporting retail, service, heated storage, and other uses identified for the property. Forced-air heating is installed, and cable is available.

The property is located at 4524 Page Avenue in Michigan Center, near Center Lake. Existing Center Plaza occupants include Dollar General, Comerica Bank, Kimmie K's Cafe, Soft 'n' Gentle Grooming, and Hunan Chinese Takeout, creating an established mix of retail, banking, food service, and personal service businesses.

Key Highlights

• Rear flex suites include 10‑foot overhead doors
• 43,197 square feet on 1 acre
• Uses include retail, service, and heated storage

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Bakery Storage Facility Cafe & Coffee Shop

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

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

218

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 49254, MI

3,163

Population

1,805

Households

1.8

Avg Household Size

44

Median Age

22%

College-Educated

93%

High-School Grad

2.6 sq mi

ZIP Area

1,217

Density / Sq Mi

$73,750

Median Household Income

$50,923

Median Earnings

$1,038

Median Rent

$167,300

Median Home Value

Market

Lease Benchmarks for Michigan Center, MI

$8.7 /SF/Yr

Avg Asking Price

$6–$10 /SF/Yr

Price Range

42,805 SF

Avg Space Size

This space is priced 15% above the average of $8.7 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties What are key features of this property?

Similar For Rent Nearby

Shopping Center with Flex Space

4538 Page Ave, Michigan Center, MI 49254

$10 SF/Yr

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Neighborhood Shopping Center

4534 Page Avenue, Michigan Center, MI 49254

$10 SF/Yr

43,197 sqft

View details

Flex Space with Overhead Doors

4538 Page Avenue, Michigan Center, MI 49254

$10 SF/Yr

43,197 sqft

View details

Heated Flex Suites with Overhead Doors

4532 Page Avenue, Michigan Center, MI 49254

$6 SF/Yr

43,197 sqft

View details

Shopping Center with Flex Suites

4524-4552 Page Ave, Michigan Center, MI 49254

$6.18 SF/Yr

41,235 sqft

View details

Frequently Asked Questions

What type of property is this?

Flex space - Center Plaza offers rear flex suites for retail, service, heated storage, and other commercial uses.

Where is this flex space located?

The property is located at 4524 Page Avenue Michigan Center, MI.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Rear flex suites include 10‑foot overhead doors; 43,197 square feet on 1 acre; Uses include retail, service, and heated storage