Property summary
Merchants Crossing, a Class A shopping center in Jackson County, offers exceptional retail and restaurant opportunities. This 112,571 square foot center boasts a prime location on Argyle Street, between West Avenue and Wisner Street, within Jackson's thriving regional retail trade area. The center features two major anchors, Kroger (with a gas station) and Big Lots, ensuring high foot traffic and visibility. Available spaces range from 1,128 to 8,000 contiguous square feet, with a total of 11,384 square feet currently vacant. The property sits on a 9.34-acre lot, providing ample parking and convenient access from Argyle Street, Wisner Street, and West Avenue. The surrounding area is home to a strong mix of national retailers, including Aldi, JOANN, Home Depot, and Target, further enhancing the center's appeal. Jackson County is experiencing significant growth, with several new national retailers and restaurants recently opening or planning to open, including Five Guys, Ross Dress for Less, and Burlington. The property benefits from high traffic counts, with 13,774 vehicles per day on North Wisner Street and 7,673 vehicles per day on Argyle Street. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing retail market. The property is categorized as a multiple-tenancy commercial space, including retail and restaurant uses, and is also suitable for medical uses.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
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Gas Station
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Shopping Center & Mall
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Pharmacy
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Jackson, MISec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Sec. 28-45. - C-4 general commercial district. The general commercial district is composed of certain land and structures used to provide all types of retail goods and services for the residents of the city and surroundi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-4 in Jackson, MI.
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