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Property profile & analytics
OFF-MARKET
Neighborhood centers

1691 Us-223 Adrian, MI 49221

Property ID
Property summary
AI-generated overview

This exceptional retail space, located within Eastpointe Plaza at 1691 US-223 in Adrian, Michigan, 49221, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The 1,633 square foot unit is part of a thriving strip center boasting a robust mix of national retailers, including Walmart Supercenter, Lowe's, Meijer, Hobby Lobby, Marshalls, Starbucks, Family Farm and Home, and Staples. This ensures a consistent flow of customers and a strong anchor tenant presence. The property benefits from its strategic location on US Highway 223, a major thoroughfare experiencing an average daily traffic count exceeding 19,000 vehicles. This high traffic volume translates to significant exposure for businesses operating within the plaza. Furthermore, Adrian's robust educational landscape, with over 12,000 students enrolled across Adrian College, Siena Heights University, and Jackson College, provides a substantial and consistent consumer base. This unique combination of high traffic, strong national retailers, and a large student population makes this retail space an exceptional investment opportunity with significant growth potential. The property is situated in Lenawee County and offers immediate access to a large and diverse customer base.

Property profile
Verified
Property type Neighborhood centers
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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