Neighborhood Retail Shopping
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839 E Chicago St, Coldwater, MI 49036
Three-building retail center positioned beside Home Depot, Walmart, and Aldi with a service-oriented tenant mix.
Property Size32,125 SF
Lot Size3.90 Acres
Price / SF$163.77
Days on Market131
Property Features for 839 E Chicago St
General Information
Standard status
Active
Size
32,125 SF
Lot size
3.90 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$399,851
Financials
Asking Price
$5,261,200
Cap Rate
7.6%
Site & Location
Pylon Signage
Yes
Anchor Co-Tenants
Home Depot, Walmart, Aldi, Dollar Tree, T-Mobile, Spectrum, Edward Jones, Great Clips, Verizon
Highway Access
Yes
Amenities
landscaping
monument signage
Building Details
Year Built
2007
Buildings
3
Units
12
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(314) 889-2500
Listed By:
Alex Perez · License #MO 2005038930
Source:
Crexi
Added: Apr 22
Changed: Aug 29
Last Checked: Aug 29 at 4:48PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
Coldwater Center is a 32,125-square-foot neighborhood retail property comprising three buildings on 3.9 acres. The center is 100% occupied and includes a complementary mix of service-oriented retailers, with national credit tenants representing 54% of gross leasable area. Existing improvements include a modern façade, landscaped grounds, monument signage, and pylon signage.
The property fronts E Chicago St immediately east of I-69, where combined traffic counts exceed 45,000 vehicles per day. Home Depot, Walmart, and Aldi serve as nearby retail anchors, while direct access to adjacent parking areas supports convenient cross-shopping. All leases are structured on a triple-net basis, with tenants responsible for their proportionate shares of real estate taxes, insurance, and common area maintenance.
The property fronts E Chicago St immediately east of I-69, where combined traffic counts exceed 45,000 vehicles per day. Home Depot, Walmart, and Aldi serve as nearby retail anchors, while direct access to adjacent parking areas supports convenient cross-shopping. All leases are structured on a triple-net basis, with tenants responsible for their proportionate shares of real estate taxes, insurance, and common area maintenance.
Key Highlights
- 32,125‑square‑foot retail center across three buildings on 3.9 acres
- 100% occupied with 54% of GLA attributed to National Credit Tenants
- Shadow anchored by Home Depot, Walmart, and Aldi
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
272k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Superstores 24%
Groceries 20%
Home Improvements & Furnishings 16%
Walmart
Superstores
65,453 visits/mo
0.3 miles
Meijer
Groceries
53,904 visits/mo
0.3 miles
Speedway
Shops & Services
27,774 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
24,569 visits/mo
0.3 miles
Dollar Tree
Shops & Services
16,175 visits/mo
0.3 miles
Demographics for 49036, MI
24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Quick-Tag — Walmart Supercenter, 800 E Chicago St, Coldwater, MI 49036
- Willowbrook Village — 73 N Willowbrook Rd, Coldwater, MI 49036
- Secretary of State Self-service Station — 620 E Chicago Rd, Coldwater, MI 49036
- testandgo™ — 398 N Willowbrook Rd, Coldwater, MI 49036
Frequently Asked Questions
What type of property is this?
Shopping center - Three-building retail center positioned beside Home Depot, Walmart, and Aldi with a service-oriented tenant mix.
Where is this shopping center located?
The property is located at 839 E Chicago St Coldwater, MI.
What is the asking price?
The asking price for this property is $5,261,200.
What are key features of this property?
This property features: 32,125‑square‑foot retail center across three buildings on 3.9 acres; 100% occupied with 54% of GLA attributed to National Credit Tenants; Shadow anchored by Home Depot, Walmart, and Aldi
