Former Restaurant with
For Lease
$25 SF/Yr
4661 Red Arrow Hwy, Stevensville, MI 49127
3,857 SF former restaurant with drive-thru on 1.55 acres.
Space SizeContact for details
Lot Size1.55 Acres
Days on Market165
Property Features for 4661 Red Arrow Hwy
General Information
Standard status
Active
Lot size
1.55 Acres
Property subtype
Commercial
Building Details
Year Built
1981
Units
1
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Josh Jacobs
Source:
Elliman
Added: Mar 10
Changed: Aug 17
Last Checked: Aug 20 at 7:27AM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
Available for lease is a +/- 3,857 SF former McDonald's restaurant with a drive-thru, situated on a +/- 1.55 acre lot. The property is located on the Red Arrow Highway corridor in Stevensville, MI, an area with retail and economic potential, especially for shopping and dining, supported by significant vehicular traffic. The Village of Stevensville has demonstrated a proactive stance toward economic growth, achieving the Redevelopment Ready Community (RRC) designation from the Michigan Economic Development Corporation (MEDC) in 2023, highlighting its commitment to fostering a development-friendly environment through strategic policies. There is a 20-year food use restriction. The lease term is up to 120 months.
Key Highlights
- Former McDonald's with drive‑thru
- +/- 3,857 SF on +/- 1.55 Acres
- Located on Red Arrow Highway corridor with high vehicular traffic
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
239k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 31%
Shops & Services 21%
Electronics 2%
Meijer
Groceries
75,095 visits/mo
0.5 miles
Culver's
Dining
26,973 visits/mo
0.2 miles
Meijer Gas Station
Shops & Services
26,183 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
18,619 visits/mo
0.1 miles
Shell
Shops & Services
17,800 visits/mo
0.2 miles
Demographics for 49127, MI
10,811
Population
5,043
Households
2.1
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
17.1 sq mi
ZIP Area
632
Density / Sq Mi
$96,781
Median Household Income
$44,903
Median Earnings
$1,103
Median Rent
$287,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - 3,857 SF former restaurant with drive-thru on 1.55 acres.
Where is this drive through restaurant located?
The property is located at 4661 Red Arrow Hwy Stevensville, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Former McDonald's with drive‑thru; +/- 3,857 SF on +/- 1.55 Acres; Located on Red Arrow Highway corridor with high vehicular traffic
