Alpena Retail and Office
For Lease
Contact for pricing
2205-2219 US-23, Alpena, MI 49707
Neighborhood center with retail, restaurant, and office space available.
Space Size1,000 SF - 12,562 SF
Property Size90,979 SF
Days on Market1483
Property Features for 2205-2219 US-23
General Information
Standard status
Active
Size
1,000 SF - 12,562 SF
Class
C
Property subtype
Retail, Office, Restaurant
Lease Type
NNN
Building Details
Building Size
90,979 SF
Tenancy
Multiple
Spaces For Lease
at 2205-2219 US-23 Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| 2205 Suite 112 | 1,400 SF | — | — | Active | Contact us |
| 2205 Suite 132 | 1,400 SF | — | — | Active | Contact us |
| 2205 Suite 136 | 8,470 SF | — | — | Active | Contact us |
| 2215: FLEX or STORAGE | 1,500 SF | — | — | Active | Contact us |
| 2205 Suite 146 | 12,562 SF | — | — | Active | Contact us |
| 2205 Suite 150: END-CAP | — | — | — | Active | Contact us |
| 2205 Suite 96 | 2,550 SF | — | — | Active | Contact us |
| 2211 | 1,850 SF | — | — | Active | Contact us |
| 2205 Suite 108 | 2,800 SF | — | — | Active | Contact us |
| 2205 Suite 80 | 1,480 SF | — | — | Active | Contact us |
| 2213 | 1,000 SF | — | — | Active | Contact us |
Show all 11 spaces
Listing Agency:
Woodcrest Capital
Listed By:
Chase Parten · License #TX 807177
Source:
Crexi
Added: Sep 15, 2022
Changed: Oct 3
Last Checked: Oct 5 at 6:04PM
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 Woodcrest Capital
Investment Insights
Based on property information with market context.
Thunder Bay is a neighborhood center with approximately 92,000 square feet, showcasing the historic features of Alpena, Michigan, overlooking Lake Huron’s Thunder Bay. The center offers a variety of retailers and has welcomed a new anchor, Ollie's Bargain Outlet. Available for rent are commercial suites suitable for traditional retail storefronts, restaurants, offices, medical or other professional service providers. A 14,976-square-foot end-cap suite and a 12,562-square-foot space are available, suitable for junior anchors. The ownership is open to working with tenants to offer introductory rates and creative deals. Woodcrest Capital welcomes first-time and franchise businesses with easy-to-read leases and flexible terms. Woodcrest owns and operates Class A centers in busy neighborhoods to centers it’s rehabilitating in struggling rural communities and usually has multiple retail opportunities in the immediate area.
Key Highlights
- Anchor tenant Ollie's Bargain Outlet now open, driving customer traffic.
- Available 14,976 SF end‑cap suite and 12,562 SF space ideal for junior anchors.
- Flexible lease terms and aggressive introductory rates offered by ownership.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Home Improvements & Furnishings 13%
Marathon Petroleum
Shops & Services
2,001 visits/mo
0.3 miles
Fastenal
Home Improvements & Furnishings
306 visits/mo
0.3 miles
Demographics for 49707, MI
22,243
Population
11,974
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
94%
High-School Grad
215.4 sq mi
ZIP Area
103
Density / Sq Mi
$50,699
Median Household Income
$32,208
Median Earnings
$642
Median Rent
$134,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood center with retail, restaurant, and office space available.
Where is this shopping center located?
The property is located at 2205-2219 US-23 Alpena, MI.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Anchor tenant Ollie's Bargain Outlet now open, driving customer traffic.; Available 14,976 SF end‑cap suite and 12,562 SF space ideal for junior anchors.; Flexible lease terms and aggressive introductory rates offered by ownership.
