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    OFF-MARKET
    Neighborhood centers

    2905 Krafft Rd, Fort Gratiot Township, MI 48060

    93,500 SF Built 1977
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 93,500 square feet of space within the Court of Flags Shopping Center, a thriving grocery-anchored center located in the bustling Krafft Rd Shopping District of Port Huron, Michigan. Situated on an expansive 8.09-acre lot at 2905 Krafft Rd, zip code 48060, this single-story, 1977-built property underwent significant renovations in 2020. The center boasts a total of 500 parking spaces, ensuring ample convenience for customers. Currently, there is 6,293 square feet of vacant space available, offering flexible options ranging from 1,692 to 3,383 square feet. The property's strategic location places it in close proximity to major retailers, Birchwood Mall, and AMC Birchwood 10 Theatre, guaranteeing high visibility and foot traffic. This is an ideal location for businesses seeking a strong presence in a well-established and thriving retail environment. The property is classified as a Strip Center, Shopping Center, and Neighborhood Center, offering a versatile space suitable for a variety of retail uses, and also includes office space. The property is located in St. Clair County, Michigan. No elevators are present on the property.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1977
    Total area 93,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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