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Regional Shopping Center For Sale
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4886 Marsh Road, Okemos, MI 48864

240,000 SF shopping center anchored by Kroger, Marshalls and Target.

Property SizeContact for details
Days on Market344

Property Features for 4886 Marsh Road

General Information

Standard status Active
Property subtype Retail

Properties For Sale

at 4886 Marsh Road Contact us

2

Size
10,083 SF
Term
Negotiable
Contact us

3

Size
3,900 SF
Term
Negotiable
Contact us
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Karen Gargaro
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 20 Last Checked: Aug 20 at 5:59AM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

Meridian Towne Centre is a 240,000 square foot regional shopping center. Anchored by Kroger, Marshalls, Target, and Ulta Beauty, the center is located in Okemos, Michigan, an established southeastern suburb of Lansing, Michigan's capital city. The property is situated directly across Marsh Road from the 979,000 square foot regional Meridian Mall. East Lansing, home to Michigan State University, is located two miles northwest of the property.

Key Highlights

  • Anchored by major retailers: Kroger, Marshalls, Target, and Ulta Beauty.
  • Located in Okemos, an established suburb of Lansing, Michigan.
  • Regional shopping center with 240,000 SF of retail space.

Property Analytics

Current Use

Ulta Beauty Cosmetic Store Benefit Cosmetics BrowBar Hair Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Electrical Service Building Supply Law Firm

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

961
Businesses Nearby
606k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 24% Superstores 18% Shops & Services 18% Dining 16%
Target Superstores
110,402 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
65,099 visits/mo 0.2 miles
Kohl's Apparel
40,023 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
36,195 visits/mo 0.3 miles
Aldi Groceries
31,515 visits/mo 0.5 miles

Demographics for 48864, MI

22,804
Population
9,903
Households
2.3
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
1,135
Density / Sq Mi
$113,145
Median Household Income
$64,120
Median Earnings
$1,281
Median Rent
$358,100
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Coinstar Kiosk | Bitcoin ATM Kroger - Michigan, 4884 Marsh Rd, Okemos, MI 48864

Frequently Asked Questions

What type of property is this?
Shopping center - 240,000 SF shopping center anchored by Kroger, Marshalls and Target.
Where is this shopping center located?
The property is located at 4886 Marsh Road Okemos, MI.
What are key features of this property?
This property features: Anchored by major retailers: Kroger, Marshalls, Target, and Ulta Beauty.; Located in Okemos, an established suburb of Lansing, Michigan.; Regional shopping center with 240,000 SF of retail space.
More about this property
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