820 Jordan Lake Ave Lake Odessa, MI 48849
Two-tenant retail building with long-term leases in Lake Odessa, MI.
Type:Retail
Property size:
13,200 SF- Added:
- Mar 16, 2023
- Days on Market:
- 1115
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 820 Jordan Lake Ave
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Property subtype
- Retail
Listing agent Mike Murray License #MI 6501162612
Listing office Advantage Commercial Real Estate
Listing date Mar 16, 2023
Source Crexi
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 Advantage Commercial Real Estate
Overview
Established Retail Building in Lake Odessa
Located just east of downtown Lake Odessa, Michigan, this 13,200 SF retail building features two tenants. Family Dollar occupies 9,600 SF and has been in the building since 2002, expanding from an original 7,500 SF. Their current lease extends until June 30th, 2027, with five 5-year extension options. Marco’s Pizza occupies 2,100 SF and has been a tenant since 2007. The landlord is currently working on extending the term of the lease for Marco’s.
Location Intelligence
Current Use by Public Records
Marco's Pizza
Restaurant
Redbox
Cinema
Family Dollar
Discount Store
Location Insight
- Map
- Local Demand
- City
- Lake Odessa
- County
- Ionia
- State
- Michigan
- Longitude
- -85.133202
- Latitude
- 42.780293
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-tenant retail building with long-term leases in Lake Odessa, MI.
Where is this retail space located?
The property is located at 820 Jordan Lake Ave Lake Odessa, MI.
What is the asking price?
The asking price for this property is $1,265,000.
What are key features of this property?
This property features: Stable income stream with long‑term Family Dollar tenant (since 2002) occupying a majority of the building (9,600 SF).; Family Dollar lease extends to June 30, 2027, with five 5‑year extension options.; Located on the main road in and out of Lake Odessa, Michigan, providing high visibility.
