Property profile

1560 Main St Owosso, MI 48867

OFF-MARKET
Lifestyle centers
76,476 SF 10 ac lot Built 1993
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail investment opportunity presents a 76,476 square foot shopping center strategically located at 1560 E Main St, Owosso, MI 48867, in the heart of Shiawassee County's retail corridor. The property boasts a prominent location with frontage on M-21, ensuring high visibility and accessibility. The center comprises two single-story buildings, totaling 76,476 square feet, constructed in 1993 and renovated in 2015. Currently, the center enjoys 75% occupancy, anchored by a Walmart and complemented by tenants including Harbor Freight and Dollar Tree. The property features ample surface parking for customer convenience. Building construction is block with flat roofs. Heating is provided by natural gas ceiling units, and cooling is achieved through package units. Municipal water and sewer services are in place. The property sits on a 10-acre lot (APN: 0071730000704) and is zoned B-2, offering flexibility for future development. Additional vacant land is included within the 10-acre parcel, presenting further expansion potential. This NNN-leased multi-tenant property offers a compelling investment opportunity in a thriving retail market. The property's strong tenant mix, prime location, and substantial land area make it an attractive prospect for investors seeking a stable and growing income stream.

Property profile

Verified
Property type Lifestyle centers
Year built 1993
Total area 76,476 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

1560 Main St Owosso, MI 48867
Owosso metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1560 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message