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    3025-3039 Michigan Ave Jackson, MI 49202

    Sponsored
    For Lease
    $5 SF/Yr

    High-traffic retail space available in Jackson, MI

    Lot size:
    56,882 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    East Jackson Plaza, located at 3025-3039 East Michigan Avenue in Jackson, Michigan, presents a prime retail investment opportunity. This 56,882 square foot strip center, built in 1976, sits on a 6.06-acre lot and offers ample parking with 317 spaces. The property is currently multi-tenant, with significant vacancy presenting a unique chance for expansion or redevelopment. A total of 42,982 square feet is currently available for lease, divisible into spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 32,582 square feet. This allows for flexibility to accommodate a variety of business needs, from smaller boutiques to larger retail operations. The property's location in Jackson County, Michigan, zip code 49202, provides excellent visibility and accessibility for customers. The property's APN is 000-08-36-280-006-01. This is an exceptional opportunity to secure a prominent retail presence in a thriving Michigan market. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about leasing opportunities at East Jackson Plaza.

    Property Features for 3025-3039 Michigan Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,882 SF
    Total Rate
    23700.83

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Suite 3033
    Size
    2,000 SF
    Rate per SF
    $7
    Space
    Suite 3025
    Size
    32,582 SF
    Rate per SF
    $5
    Space
    Suite 3027
    Size
    10,400 SF
    Rate per SF
    $7

    HighLights

    • 32,582 SF former Kroger grocery store available for lease.
    • 10,400 SF former Dollar General available for lease.
    • 2,000 SF former hair salon available for lease.
    • Excellent access to I‑94 and Route 127.
    • Strong tenant synergy with Bigby Coffee, Sally Beauty, and Rent‑A‑Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Jackson
    State
    Michigan
    Longitude
    -84.406761
    Latitude
    42.2675415

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available in Jackson, MI
    Where is this neighborhood center located?
    The property is located at 3025-3039 Michigan Ave Jackson, MI.
    What is the lease rate?
    The lease rate is $5-$7 SF/Yr.
    What are key features of this property?
    This property features: 32,582 SF former Kroger grocery store available for lease.; 10,400 SF former Dollar General available for lease.; 2,000 SF former hair salon available for lease.
    Request Owner's contact information
    3025-3039 Michigan Ave Jackson, MI 49202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3025-3039 Michigan Ave Jackson, MI 49202
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