217 Hwy Adrian, MI 49221
The Shoppe's of Adrian offers a fantastic retail opportunity in a vibrant location at 217 East Highway 223, Adrian, MI 49221. This multi-tenant retail center boasts a total of 5,280 square feet, with 2,500 square feet currently available for lease. The space is highly flexible, accommodating tenants seeking anywhere from 1,000 to 2,500 contiguous square feet. This allows for a variety of business models and sizes to thrive within this established center. The property is conveniently located in Lenawee County, offering excellent visibility and accessibility for customers. Ample parking is provided with 39 spaces available for patrons and employees. The property is classified as a storefront retail space and is ideal for businesses seeking a high-traffic location with strong community presence. The available space presents a unique chance to establish or expand a retail operation in a well-maintained building with convenient parking. Interested parties are encouraged to inquire about lease terms and availability. This is a prime opportunity to secure a desirable retail space in a thriving Michigan community.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.