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Retail Space

7334 N Alger Road, Alma, MI 48801

For Lease
$1,020/Mo

An 816-square-foot commercial-zoned space is available for rent.

Space Size816 SF
Days on Market1189

Property Features for 7334 N Alger Road

General Information

Standard status Active
Size 816 SF
Net Rentable 816 SF
Zoning Commercial

Space & Availability

Available Space 816 SF
Contiguous Space 816 SF
Space Use Retail

Building Details

Building Size 816 SF
Year Built 1980
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License MI #6502102202
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 CENTRAL REAL ESTATE MT PLEASANT, INC.

Rey
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Investment Insights

Based on property information with market context.

This 816-square-foot retail space is offered for rent and carries Commercial zoning. The building was constructed in 1980.

The property is located at 7334 N Alger Road in Alma, Michigan.

Key Highlights

  • 816‑square‑foot retail space available for rent
  • Commercial zoning
  • Building constructed in 1980

Property Analytics

Current Use

Retail space

Suggested Use

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

471
Businesses Nearby
299k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Superstores 19% Groceries 18% Shops & Services 16%
Walmart Superstores
55,743 visits/mo 0.4 miles
Meijer Groceries
53,531 visits/mo 0.3 miles
McDonald's Dining
23,307 visits/mo 0.4 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 - An 816-square-foot commercial-zoned space is available for rent.
Where is this retail space located?
The property is located at 7334 N Alger Road Alma, MI.
What is the lease rate?
The lease rate is $1,020/Mo.
What are key features of this property?
This property features: 816‑square‑foot retail space available for rent; Commercial zoning; Building constructed in 1980
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Includes: Price & PSF · Cap rate · Location · Zoning

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