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W8159 US2 #203, Iron Mountain, MI 49801

Unfinished retail/commercial space available for build-to-suit.

Space Size13,300 SF
Days on Market2439

Property Features for W8159 US2 #203

General Information

Standard status Active
Size 13,300 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 13,300 SF
Year Built 2008
Tenancy Single

Spaces For Lease

at W8159 US2 #203 Contact us

#203

Size
13,300 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Stephens Real Estate
Listed By: Ryan Gordon · License #MI 6502420131
Source: Crexi
Added: Dec 17, 2019 Changed: Aug 10 Last Checked: Aug 19 at 11:04AM

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 Stephens Real Estate

Investment Insights

Based on property information with market context.

This unfinished retail/commercial space offers 13,300 square feet available for build-to-suit customization. The property benefits from excellent visibility and is situated in a highly desirable location near other big box stores. The lease is a triple net lease, offered at $10.70 per square foot, amounting to $11,859.17 per month.

Key Highlights

  • 13,300 sq ft of unfinished retail/commercial space, offering build‑to‑suit customization.
  • Highly desirable location with excellent visibility.
  • Proximity to big box stores.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Big Box & Wholesale Store Department Store Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value

Market

Lease Benchmarks for Iron Mountain, MI

$13.2 /SF/Yr
Avg Asking Price
$10.7–$16.99 /SF/Yr
Price Range
20,096 SF
Avg Space Size

This space is priced 873% above the average of $13.2 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Unfinished retail/commercial space available for build-to-suit.
Where is this retail space located?
The property is located at W8159 US2 #203 Iron Mountain, MI.
What is the lease rate?
The lease rate is $128.40 SF/Yr.
What are key features of this property?
This property features: 13,300 sq ft of unfinished retail/commercial space, offering build‑to‑suit customization.; Highly desirable location with excellent visibility.; Proximity to big box stores.
(906) 774-8570 Call to check price and availability
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