Retail Space with New
616 W Broad Street, Linden, MI 48451
For Sale
Contact for pricing
Available suite within a multi-tenant retail property anchored by Alpine Marketplace and Little Caesars.
Property Size34,000 SF
Price / SF$0.01
Days on Market94
Property Features for 616 W Broad Street
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Anchor Co-Tenants
Building Details
Building Size
Properties For Sale
at 616 W Broad Street
Unit 616
Size
1,400 SF
Term
Negotiable
Listing Agency:
KJ Commercial
Listed By:
Kevin Jappaya, CCIM · License #6502380656
(248) 931-1980
Source:
Kjcre
Added: Aug 8
Changed: Nov 3
Last Checked: Nov 8 at 3:40AM
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 KJ Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The available 1,400 SF retail suite is part of a multi-tenant commercial property with a newly completed façade. Existing occupants include Alpine Marketplace and Little Caesars, providing an established retail setting for the available space.
The property is located at 616 W. Broad Street in Linden, Michigan. Its tenant mix places the suite alongside Alpine Marketplace and Little Caesars within the same retail center.
The property is located at 616 W. Broad Street in Linden, Michigan. Its tenant mix places the suite alongside Alpine Marketplace and Little Caesars within the same retail center.
Key Highlights
- 1,400 SF retail suite available
- Newly completed façade on the building
- Located at 616 W. Broad Street, Linden, MI 48451
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,533
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,660
$290.7K
Cap Rate 7%
$207,614
$207.6K
Cap Rate 9%
$161,478
$161.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$21.7K $15.48/SF
− Vacancy
−$910 −$0.65/SF
EGI
$20.8K $14.83/SF
− OpEx
−$6.2K −$4.45/SF
NOI
$14.5K $10.38/SF
Area
Genesee County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,660
Cap Rate 7%
$207,614
Cap Rate 9%
$161,478
Alternative Uses
Best Use
Retail
$207.6K
$181.7K – $242.2K
NOI $14,533 @ 7.0% cap · market cap 80,738.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.6K
$257.8K – $343.7K
NOI $20,622 @ 7.0% cap · market cap 114,566.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 26%
Home Improvements & Furnishings 13%
McDonald's
Dining
15,070 visits/mo
0.1 miles
Taco Bell
Dining
9,714 visits/mo
0.1 miles
Dollar Tree
Shops & Services
7,175 visits/mo
0.2 miles
Village Ace Hardware
Home Improvements & Furnishings
6,053 visits/mo
0.1 miles
Dollar General
Shops & Services
5,128 visits/mo
0.2 miles
Demographics for 48451, MI
16,033
Population
6,005
Households
2.7
Avg Household Size
44
Median Age
32%
College-Educated
95%
High-School Grad
34.1 sq mi
ZIP Area
470
Density / Sq Mi
$95,616
Median Household Income
$52,871
Median Earnings
$973
Median Rent
$268,600
Median Home Value
Market
Average Price Trend$/SF for Retail space in Genesee County, MI
Properties on Market for Retail space in Genesee County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Available suite within a multi-tenant retail property anchored by Alpine Marketplace and Little Caesars.
Where is this retail space located?
The property is located at 616 W Broad Street Linden, MI.
What are key features of this property?
This property features: 1,400 SF retail suite available; Newly completed façade on the building; Located at 616 W. Broad Street, Linden, MI 48451
