Listing Agency: NAI Farbman Southfield b***@farbman.com Show Phone

Listed By: Brad Margolis · License #MI 6501371948

Source: Crexi

Added: Oct 16, 2019 Changed: Aug 21 Last Checked: Aug 23 at 1:30PM

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Investment Insights

Based on property information with market context.

This is a 9,720 square foot retail building available for sale or lease. The property offers prime exposure.

Key Highlights

• 9,720 SF Retail Building
• For Sale or Lease
• Prime Exposure

Property Analytics

Property Profile

Current Use

Lifestyles Hot Tubs ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Big Box & Wholesale Store Cafe & Coffee Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248

Businesses Nearby

49k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 56% Shops & Services 44%

Kroger Groceries

27,431 visits/mo 0.2 miles

Kroger Fuel Center Shops & Services

8,848 visits/mo 0.2 miles

Dollar General Shops & Services

6,191 visits/mo 0.2 miles

Chase Bank Shops & Services

4,773 visits/mo 0.1 miles

Sunoco Shops & Services

1,822 visits/mo 0.1 miles

Demographics for 48532, MI

19,247

Population

9,093

Households

2.1

Avg Household Size

43

Median Age

19%

College-Educated

88%

High-School Grad

16.0 sq mi

ZIP Area

1,203

Density / Sq Mi

$58,118

Median Household Income

$34,361

Median Earnings

$929

Median Rent

$157,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail properties & spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail building with prime exposure, available for sale or lease.

Where is this retail property located?

The property is located at 5331 Corunna Road Flint, MI.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: 9,720 SF Retail Building; For Sale or Lease; Prime Exposure