Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Glen Kunofsky · License #NY 49KU1129178

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:38AM

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Investment Insights

Based on property information with market context.

This retail property is identified by the Art Van Furniture name and contains 56,578 SF of space. The offering is located at 4577 Miller Road in Flint, Michigan, with a reported 7.15% CAP rate.

Key Highlights

• 56,578 SF of retail space
• Reported 7.15% CAP rate
• 4577 Miller Road, Flint, MI 48507

Property Analytics

Property Profile

Current Use

Value City Furniture Furniture & Home Goods

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Auto Parts Store Bakery (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.

Location Intelligence

Trade Area within ½ mile

915

Businesses Nearby

120k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 59% Superstores 18% Dining 14% Apparel 6%

Hobby Lobby Shops & Services

42,743 visits/mo 0.5 miles

Speedway Shops & Services

24,015 visits/mo 0.5 miles

Big Lots Superstores

21,171 visits/mo 0.2 miles

Plato's Closet Apparel

7,490 visits/mo 0.5 miles

Smoothie King Dining

7,149 visits/mo 0.0 miles

Demographics for 48507, MI

30,149

Population

13,923

Households

2.2

Avg Household Size

37

Median Age

15%

College-Educated

88%

High-School Grad

22.1 sq mi

ZIP Area

1,364

Density / Sq Mi

$47,165

Median Household Income

$31,346

Median Earnings

$923

Median Rent

$101,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property associated with the Art Van Furniture name.

Where is this retail space located?

The property is located at 4577 Miller Road Flint, MI.

What are key features of this property?

This property features: 56,578 SF of retail space; Reported 7.15% CAP rate; 4577 Miller Road, Flint, MI 48507