Building Details

Year Built 2003

Tenancy Multi

Listing Agency: Coldwell Banker Beiswanger Realty Group d***@mirealestatepro.com Show Phone

Listed By: Doug Beiswanger · License #6502425012 Show Phone

Source: Xome

Added: Apr 20 Changed: Aug 19 Last Checked: Aug 20 at 4:08AM

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Investment Insights

Based on property information with market context.

This retail property occupies a 3,220-square-foot portion of a shopping center built in 2003. The space is configured as two flexible 1,610-square-foot suites, allowing occupants to use one unit or combine both for a larger layout. The property supports retail, medical, office, and service uses, with 240-volt power available.

The center is located on Spring Arbor Road in Spring Arbor, Michigan, and includes 100 parking spaces. Existing tenants include Henry Ford Health, County National Bank, Biggby Coffee, Academy of the Arts, and Maximum Gymnastix. The surrounding corridor includes national and local retailers and restaurants, with Spring Arbor University nearby and more than 117,000 residents within a 10-mile radius.

Key Highlights

• 3,220 SF retail space in a shopping center built in 2003
• Two 1,610 SF suites can be used separately or combined
• 100 parking spaces on site

Property Analytics

Property Profile

Current Use

Joel D Miller, ... Pediatrician Henry Ford Jackson ... Medical Clinic Henry Ford Medical ... Medical Clinic County National Bank Bank Amanda Chivu Brannick Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Restaurant Building Supply

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

114

Businesses Nearby

Explore this area Business Placement

Demographics for 49283, MI

4,401

Population

1,383

Households

3.2

Avg Household Size

29

Median Age

34%

College-Educated

97%

High-School Grad

14.5 sq mi

ZIP Area

304

Density / Sq Mi

$93,821

Median Household Income

$21,250

Median Earnings

$1,253

Median Rent

$206,000

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Flexible shopping center suites support retail, medical, office, and service uses along Spring Arbor Road.

Where is this retail space located?

The property is located at 7845 Spring Arbor Road Spring Arbor, MI.

What are key features of this property?

This property features: 3,220 SF retail space in a shopping center built in 2003; Two 1,610 SF suites can be used separately or combined; 100 parking spaces on site