1982 Grand Riv Rd Meridian charter Township, MI 48864
Meridian Mall, a Class A property located at 1982 W Grand River Rd, Meridian Charter Township, MI 48864, presents a unique investment opportunity. This expansive 968,228 square foot mixed-use mall, situated on 80 acres, boasts 122 suites across seven single-story buildings. Originally constructed in 1969 and extensively renovated in 2015, the property offers a blend of retail, office, and restaurant spaces, catering to diverse business needs. The mall features ample parking with 4,441 spaces, ensuring convenient access for customers and employees. Major anchors include Macy's, JCPenney, DICK'S Sporting Goods, and Bed Bath & Beyond, complemented by entertainment venues such as High Caliber Karting & Entertainment and Launch Trampoline Park. The property's strong tenant base and strategic location in Okemos, Michigan within Ingham County, contribute to its high occupancy rates. With a total tax cost per square foot of $5.61, this property offers a compelling return on investment. This exceptional opportunity allows for immediate occupancy and the potential for significant future growth within a thriving community. The property's size and diverse offerings make it ideal for a variety of businesses seeking a prominent location in a well-established shopping center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.