1416-1424 Main St Adrian, MI 49221
- Lifestyle centers
- 202,228 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 1416-1424 Main St
- Property size
- 202,228 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 202,228 square foot shopping center, located at 1416-1424 S Main St in Adrian, Michigan (49221), presents a compelling investment opportunity. The property is zoned for commercial use and features a multi-tenant configuration with a NNN lease type. A significant portion of the space (27,679 square feet) was formerly occupied by Big Lots. The center enjoys a highly desirable location, situated directly across from the Adrian Mall, benefiting from significant foot traffic and visibility. Its strategic position also places it within two miles of three university campuses, ensuring a consistent flow of potential customers. The property's versatility is further enhanced by its potential for subdivision, allowing for flexible adaptation to various tenant needs and business models. Current tenants include a strong mix of established retailers such as Planet Fitness, Staples, Family Farm & Home, and Harbor Freight Tools, creating a vibrant and attractive shopping destination. This well-positioned retail center offers a unique chance to acquire a substantial property in a thriving commercial area. The property is currently for sale.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Adrian
- County
- Lenawee
- State
- Michigan
- Longitude
- -84.0452
- Latitude
- 41.8759
