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Retail Space

7320 N Alger Road, Alma, MI 48801

For Lease
$2,625/Mo

Commercial zoning supports a range of retail occupancy options in this available-for-lease property.

Space Size2,100 SF
Days on Market1189

Property Features for 7320 N Alger Road

General Information

Standard status Active
Size 2,100 SF
Net Rentable 2,100 SF
Zoning Commercial

Space & Availability

Available Space 2,100 SF
Contiguous Space 2,100 SF
Space Use Retail

Building Details

Building Size 2,100 SF
Year Built 1980
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License MI #6501436188
Source: Centralmirealty
Added: Aug 10, 2023 Changed: Nov 4 Last Checked: Nov 10 at 4:44AM

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 CENTURY 21 LEE-MAC REALTY

Rey
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Investment Insights

Based on property information with market context.

This 2,100-square-foot retail property is available for lease and carries commercial zoning. The building was constructed in 1980.

The property is located at 7320 N Alger Road in Alma, Michigan.

Key Highlights

  • 2,100 square feet of retail space
  • Commercial zoning
  • Built in 1980

Property Analytics

Current Use

TSC Drug Testing Drug Testing Service Frederick Ogwara Pediatrician Joanne Dodick Foster Care Service

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Dental Office HVAC Service Electrical Service

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
288k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Superstores 19% Groceries 19% Shops & Services 17%
Walmart Superstores
55,743 visits/mo 0.5 miles
Meijer Groceries
53,531 visits/mo 0.2 miles
McDonald's Dining
23,307 visits/mo 0.2 miles
Family Farm & Home Home Improvements & Furnishings
17,213 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
15,583 visits/mo 0.2 miles

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value

Market

Lease Benchmarks for Alma, MI

$23.05 /SF/Yr
Avg Asking Price
$6.21–$82.8 /SF/Yr
Price Range
2,547 SF
Avg Space Size

This space is priced 35% below the average of $23.05 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Gratiot County, MI

$12.46 Jul
$19.94 Aug
$18.73 Sep
$21.99 Oct

Properties on Market for Retail space in Gratiot County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Commercial zoning supports a range of retail occupancy options in this available-for-lease property.
Where is this retail space located?
The property is located at 7320 N Alger Road Alma, MI.
What is the lease rate?
The lease rate is $2,625/Mo.
What are key features of this property?
This property features: 2,100 square feet of retail space; Commercial zoning; Built in 1980
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