Property profile

13157 Schavey Rd DeWitt, MI 48820

OFF-MARKET
Retail properties & Spaces
100,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 100,000 square feet of commercial space located within the DeWitt Shopping Center at 13157 Schavey Rd, DeWitt, MI 48820, in Clinton County. The property is currently configured as a single, multi-tenant building. A significant portion of the space, totaling 8,850 square feet, is currently vacant. This prime location offers high visibility and accessibility, benefiting from established foot traffic and convenient access for customers. The space's previous tenant, Rite Aid, occupied the premises for 45 years, demonstrating the location's long-term viability and strong historical performance. The property's size and layout offer considerable flexibility for a variety of retail uses, making it an ideal investment for businesses seeking a prominent presence in the DeWitt market. The building's substantial square footage provides ample room for expansion or adaptation to suit specific business needs. This is a rare opportunity to acquire a well-established retail space in a thriving community. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is zoned for commercial use.

Property profile

Verified
Property type Retail properties & Spaces
Total area 100,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Restaurant
  • Pharmacy
  • Pharmacy
  • Bank Credit Union

Location

13157 Schavey Rd DeWitt, MI 48820
DeWitt metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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