15861 Michigan Ave, Marshall, MI 49068-9578
This exceptional retail opportunity in Marshall, Michigan, presents 44,000 square feet of inline space for lease within an 87,112-square-foot building situated on a 7.3-acre lot in Calhoun County. The property, located at 15861 W Michigan Ave, zip code 49068, benefits from its strategic location with easy access to I-69 and I-94, ensuring high visibility and convenient access for customers. Currently undergoing renovations, the project includes a complete roof replacement and the creation of individual condominium units for each tenant, providing a secure and well-defined ownership structure. This flexible floor plan caters to a wide variety of retail uses. Future tenants include Dollar Tree and Tractor Supply, establishing a strong and complementary tenant mix. The property is currently multi-tenant, offering a vibrant and established commercial environment. This is a rare opportunity to secure a significant retail presence in a thriving market with excellent infrastructure and accessibility. The available space offers substantial potential for growth and success. Contact us today to learn more about this exceptional retail property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
B-4 · Marshall, MIMarshall. Always verify with local authorities before improvements.
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.