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Property profile & analytics
FOR LEASE
Outlet malls

2591 E M 21 Corunna, MI 48817

171,070 SF 38 ac lot Built 1992
Entity Owned Absentee Owner Free & Clear
Property ID
US43-2182935
Property summary
AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Meijer store in Corunna, Michigan. The 1,012 square foot space offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including high foot traffic, a strategic location for maximum customer interaction, and an all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities. Branding opportunities are available both inside and outside the store. The property is situated in a thriving trade area with a desirable customer base. This space is ideal for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The property is located at 2591 E M 21, Corunna, MI 48817, within Shiawassee County. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1992
Total area 171,070 SF
Lot 38 ac (1,655,280 SF)
APN 007-16-400-014
UPID US43-2182935
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
Current use
Occupant on record · Public records
  • Huntington Bank Bank Loan Service
  • Meijer Pharmacy Pharmacy
  • Meijer Specialty Food Shop Supermarket
  • Primo Water Refill & Exchange Big Box & Wholesale Store
  • United States Postal Service Post Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MEIJER INC
MEIJER INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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