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    635 Saginaw Hwy Grand Ledge, MI 48837

    Sponsored
    For Lease
    $10 SF/Yr ($19,784 /Mo)

    Prime Retail Space Available in Grand Ledge, MI

    Lot size:
    23,741 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Cedar Village, a Class B retail strip center in Grand Ledge, Michigan, presents a compelling investment opportunity. This four-building complex boasts a total of 23,741 square feet, situated on a 1.98-acre lot at 635 E Saginaw Hwy, 48837. Currently, 9,820 square feet of retail space is available, divisible into units as small as 620 square feet and up to a contiguous 3,600 square feet, offering flexibility for various business needs. The property enjoys a highly visible location on Saginaw Highway, directly across from a Meijer, ensuring significant foot traffic and exposure. The center benefits from a strong mix of national and regional tenants, creating a vibrant and established commercial environment. Ample parking is provided with 105 spaces available for customers and employees. The property's location within the thriving commercial hub of Grand Ledge, Eaton County, makes it an ideal investment for both established businesses and new ventures seeking a prime retail location. The property's size and configuration offer excellent potential for expansion or redevelopment. This is a rare opportunity to acquire a well-located, established retail center in a growing Michigan market.

    Property Features for 635 Saginaw Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,741 SF
    Class
    B
    Total Rate
    19784.17

    Building Details

    Buildings
    4

    Unit(s) available at that property

    Space
    Available Suite 651 B
    Size
    3,600 SF
    Rate per SF
    $16

    HighLights

    • Class B retail strip center totaling 23,741 square feet on a 1.98‑acre lot in Grand Ledge, MI.
    • 9,820 square feet of available retail space, divisible into units ranging from 620 to 3,600 square feet.
    • High‑visibility location on Saginaw Highway across from a Meijer, providing excellent foot traffic.
    • Strong tenant mix of national and regional businesses.
    • Ample parking with 105 spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Grand Ledge
    County
    Eaton
    State
    Michigan
    Longitude
    -84.7421341
    Latitude
    42.7414431

    Nearby Comparable

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    Nearby Similar for Lease

    • $8 SF/Yr
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      Freestanding Office in Cedar Village

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Grand Ledge, MI
    Where is this neighborhood center located?
    The property is located at 635 Saginaw Hwy Grand Ledge, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Class B retail strip center totaling 23,741 square feet on a 1.98-acre lot in Grand Ledge, MI.; 9,820 square feet of available retail space, divisible into units ranging from 620 to 3,600 square feet.; High-visibility location on Saginaw Highway across from a Meijer, providing excellent foot traffic.
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    635 Saginaw Hwy Grand Ledge, MI 48837
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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
    635 Saginaw Hwy Grand Ledge, MI 48837
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