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    OFF-MARKET
    Retail properties & Spaces

    1027-1105 St Clair Riv Dr, Algonac, MI 48001

    45,290 SF
    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
    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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