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    5100 Marsh Rd Meridian charter Township, MI 48864

    Sponsored
    For Lease
    $14 SF/Yr

    Upscale Okemos retail, 3 spaces available.

    Lot size:
    74,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Central Park Place, located at 5100 Marsh Rd in Okemos, Michigan (zip code 48864), offers prime retail space within a thriving strip center. This Ingham County property boasts a total of 74,000 square feet, with three available spaces ranging from 2,150 to 2,950 contiguous square feet. A total of 7,619 square feet is currently vacant and ready for immediate occupancy. The property is ideally situated directly on Marsh Road, providing excellent visibility and accessibility. Its strategic location adjacent to Meridian Mall and other national retail and restaurant chains ensures high foot traffic and a strong customer base. The property is classified as a commercial strip center suitable for restaurant chains and other retail businesses. The minimum divisible space is 2,150 square feet. This upscale retail center presents a unique opportunity for businesses seeking a prominent location in a high-demand area. The property's location in Meridian Charter Township offers a vibrant and affluent market.

    Property Features for 5100 Marsh Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,000 SF
    Total Rate
    86333.33

    Unit(s) available at that property

    Space
    Suite E3
    Size
    2,950 SF
    Rate per SF
    $14
    Space
    Suite E-1
    Size
    2,519 SF
    Rate per SF
    $14
    Space
    Suite F1
    Size
    2,150 SF
    Rate per SF
    $14

    HighLights

    • High‑traffic retail space near Meridian Mall.
    • Excellent street visibility and high traffic counts.
    • Strong co‑tenancy with national retailers including Walmart, Target, and Home Depot.
    • Marsh Road signage opportunities available.
    • 2,519 SF suite (E1) immediately available.
    • 2,950 SF suite (E3) immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    L.O. Eye Care ... Ophthalmology Clinic Chico's Women'S Clothing Store Tropic Like It's ... Tanning Salon L.O. Eye Care ... Ophthalmologist L.O. Eye Care ... Ophthalmologist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian charter Township
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4125381
    Latitude
    42.7284581

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    FAQs

    What type of property is this?
    Neighborhood center - Upscale Okemos retail, 3 spaces available.
    Where is this neighborhood center located?
    The property is located at 5100 Marsh Rd Meridian charter Township, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail space near Meridian Mall.; Excellent street visibility and high traffic counts.; Strong co-tenancy with national retailers including Walmart, Target, and Home Depot.
    Request Owner's contact information
    5100 Marsh Rd Meridian charter Township, MI 48864
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    Meridian charter Township, MI 48864
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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
    5100 Marsh Rd Meridian charter Township, MI 48864
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