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1027-1105 St Clair Riv Dr Algonac, MI 48001

OFF-MARKET Retail properties & Spaces Google Maps
45,290 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

The Shops at River Walk in Algonac, Michigan, presents a unique opportunity for retail businesses seeking high-visibility locations. This established neighborhood shopping center boasts 45,290 square feet of total building space, with 15,346 square feet currently available for lease. Spaces range from a minimum of 1,205 square feet to a maximum contiguous space of 9,998 square feet, offering flexibility for various business needs. The property is strategically situated on St. Clair River Drive, directly across from the Algonac Ferry and Waterfront Park, ensuring high foot traffic and excellent visibility. The center benefits from its proximity to major national tenants including CVS, Ascension Medical, Jet's Pizza, and Anytime Fitness, creating a synergistic retail environment. A former bank space with a drive-thru is also available, presenting a unique opportunity for financial institutions or businesses requiring this feature. The center also includes a large storage facility with over 140 individual units, further enhancing its appeal and attracting a diverse customer base. Ample parking and multiple points of access provide convenient access for customers and employees. Located in St. Clair County, Michigan, with a zip code of 48001, this property offers a rare chance to establish or expand a business within a thriving retail community. This is an exceptional opportunity to capitalize on a prime location with strong existing tenancy and high visibility.

Property profile

Verified
Property type Retail properties & Spaces
Total area 45,290 SF

Cap rate & NOI

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

Value estimations

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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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