SCA Plaza Investment
For Sale
Contact for pricing
7342 N Alger Road, Alma, MI 48801
Prime commercial property with high visibility and versatile space.
Property Size15,480 SF
Price / SF$135.66
Days on Market914
Property Features for 7342 N Alger Road
General Information
Standard status
Active
Size
15,480 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
75%
Lease Type
Modified Gross
Net Operating Income
$175,169
Building Details
Year Renovated
2018
Buildings
3
Stories
1
Units
11
Tenancy
Multi
Listing Agency:
CENTURY 21 Lee-Mac Realty
(989) 737-3927
Listed By:
Bob Fall · License #6506049037
Source:
Crexi
Added: Feb 24, 2024
Changed: Aug 23
Last Checked: Aug 25 at 6:26PM
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
Investment Insights
Based on property information with market context.
SCA Plaza presents an investment opportunity with a strategic location on Wright Avenue, directly in front of the Meijer department store. The property features over 15,000 square feet of versatile space, suitable for a range of businesses, including retail shops, eateries, service providers, and offices. The layout ensures each of the 11 units benefits from maximum exposure. The location adjacent to Meijer provides value, with patrons of the department store likely to explore the offerings in SCA Plaza. The plaza meets the needs of the local community with its diverse range of units, ensuring a steady stream of customers from various demographics.
Key Highlights
- Prime location directly in front of Meijer, ensuring high visibility and foot traffic.
- Over 15,000 square feet of versatile space suitable for various businesses.
- 11 units designed for maximum exposure and business success.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
299k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Prime commercial property with high visibility and versatile space.
Where is this shopping center located?
The property is located at 7342 N Alger Road Alma, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime location directly in front of Meijer, ensuring high visibility and foot traffic.; Over 15,000 square feet of versatile space suitable for various businesses.; 11 units designed for maximum exposure and business success.
