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Property profile & analytics
FOR LEASE
Strip malls

4089 Dix Hwy Lincoln Park, MI 48146

11,974 SF 0.98 ac lot Built 2008
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1371759
Property summary
AI-generated overview

This exceptional commercial property at 4089 Dix Hwy in Lincoln Park, Michigan, offers a unique blend of retail and executive office space. The building boasts a total of 11,942 square feet, currently featuring a mix of occupied and vacant units. A significant 3,332 square feet is readily available for lease, providing an excellent opportunity for businesses seeking immediate occupancy. The property's flexible layout caters to various needs, from small executive offices to larger retail operations. The "Multiple" tenancy structure allows for diverse business configurations within the building. The address is highly visible on Dix Highway, ensuring excellent exposure and accessibility for clients and employees. Ample parking is available, addressing a key concern for both staff and customers. The property is located in Lincoln Park, MI, zip code 48146, offering convenient access to major transportation routes and local amenities. This versatile space presents a compelling investment opportunity for businesses seeking a prominent location with substantial square footage and abundant parking. The available space ranges from smaller units to larger spaces, allowing for customization to suit specific business requirements. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 11,974 SF
Lot 0.98 ac (42,689 SF)
APN 45 022 04 0077 301
UPID US43-1371759
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
  • Dumpster Rental of Lincoln Park Corporate Office
  • Urbany's Porta Potty Rental of Lincoln Park Building Supply
  • Lincoln Park Discount Porta Potty Rental Building Supply
  • Tint Pro Window Tinting & Car Audio Interior Design Auto Repair Shop
  • Ageless Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.30M
Owner & transaction history
Dm Investments 26 LLC · 8 yrs held
Dm Investments 26 LLC
since 2018
7 recorded transactions
2020
Price N/A
2020
Price N/A
2018
$775,000
2017
$350,000
2009
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.3M +38.0%
Restaurant $1.2M +30.1%
Retail stores $1.2M +22.6%
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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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