Property profile

4524 Page Ave Michigan Center, MI 49254

FOR LEASE
Strip malls
Property ID
US43-1310907
43,197 SF 3.4 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Center Plaza, located at 4524 Page Ave in Michigan Center, MI 49254, offers a prime retail opportunity. This property encompasses 43,197 square feet on a one-acre lot in Jackson County. Ten individual retail spaces are currently available, ranging in size from 1,400 square feet to 16,915 square feet, providing flexibility for various business needs. The property's convenient location ensures high visibility and accessibility for customers. The multiple tenancy structure allows for a diverse range of businesses to thrive within the center, creating a synergistic environment. This is an excellent chance to establish or expand your retail presence in a dynamic and growing community. The property's single-acre lot provides ample space for parking and potential future expansion. This is a rare opportunity to secure retail space in a well-established location with significant potential for growth and profitability. The property is situated in a thriving area, offering excellent access to local amenities and a strong customer base. Don't miss this chance to secure your place in this vibrant retail center. Contact us today to learn more about the available spaces and lease terms.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 43,197 SF
Lot 3.4 ac (147,973 SF)
Zoning code B-2 COM
APN 000-14-05-430-026-00
UPID US43-1310907

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4524 Page Ave Michigan Center, MI 49254
Michigan Center metro Census 6101 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2020
1 recorded transaction
2020
$870,000

Zoning & alternative use

B-2 COM · Michigan Center, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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