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    FOR LEASE
    Community centers

    7400 Lewis Ave, Temperance, MI 48182

    16,110 SF 1.87 ac lot Built 1995
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-1677184
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 7400 Lewis Avenue in Temperance, Michigan, within the bustling Monroe County. The property is a strip center totaling 16,293 square feet, offering two immediately available spaces. Unit D2A boasts 1,436 square feet and is a vanilla-shell space, ready for tenant build-out. Unit H comprises 1,107 square feet and offers immediate occupancy potential. The center enjoys a prime location at the northeast corner of Lewis Avenue and Sterns Road, benefiting from exceptional visibility and high traffic counts. Lewis Avenue sees 12,200 vehicles daily, while Sterns Road registers 10,900 vehicles daily. This strategic position places the property less than two miles from the Ohio/Michigan state line, expanding its potential customer base. The property is anchored by a strong mix of established businesses, including Subway, Wing Station, Marco's Pizza, Hair Express, Bedford Coin, China King, and CoCo House, creating a vibrant and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving commercial area. The property is classified as a retail strip center with multiple tenancies.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1995
    Total area 16,110 SF
    Lot 1.87 ac (81,457 SF)
    APN 02-026-059-60
    UPID US43-1677184
    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
    • Bedford Coin & Jewelry LLC (Bike/Boat/Book/etc) Store
    • Cocoa House Lounge Bar & Pub Nightclub
    • Subway Take-out & Catering Catering Service
    • Hair Express Hair Salon Nail Salon
    • Marco's Pizza Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dw28 Prop II Michigan LLC · 8 yrs held
    Dw28 Prop II Michigan LLC
    since 2017
    6 recorded transactions
    2017
    2015
    2013
    $1.1M
    2011
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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