Contacts
Evan Lyons
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Strip
- Property Size 41,715 SF
- Lot Size 7.4 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1975
- Date Updated Sep 3, 2024
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Highlights
- 41,715 Square Foot Building Situated on 7.4 Acres of Land with Ample Parking
- South Haven is a Compact Tourist Destination with a Strong Concentration of Stores, Service Outlets, Educational Facilities, Restaurants, and Public Facilities Densely Situated Near the Subject Property
- New Lease Executed with Verizon | 5-Year Lease with 2.0% Annual Increases | 23 Unit Operator
- Site Offers Low Replaceable Rents | New Verizon Lease is a 71% Increase from Previous Tenant | Upside with the Ability to Push Market Rents
- Minimal Competition for Dunham's | Only National Sporting Goods Retailer for Over 30 Miles
- Current Tenants Have Occupied this Location for at Least 15 Years
- Located Directly Across from Meijer (Predominant Regional Grocer) | Third Building from Interstate Exit Ramp (196/Route 31)
- Close Proximity to Air Travel | 8 Minutes from South Haven Area Regional Airport
- Average Household Income Exceeds $52,521 within One Mile
- Subject Property Serves Local University | 1.5 Miles from Lake Michigan College (2,700 Students)
- National Tenant's Surrounding Investment Property: Taco Bell, Subway, Meijer, Tractor Supply Company, Walmart Supercenter, ALDI, Menards, and Many More
Getting around
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Walk Score ®
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Bike Score ®
Location
- City South Haven, MI
- Zip Code 49090
- Market Grand Rapids
Points of Interest
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Bangor
9.64 miles
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BP
0.04 miles
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Meijer
0.08 miles
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Marathon
0.13 miles
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Murphy USA
0.39 miles
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Shell
0.41 miles
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Pacific Pride
0.42 miles
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Village Xpress
1.18 miles
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Sunoco
1.56 miles
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car parking
7.22 miles
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truck parking
7.25 miles
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Taco Bell
0.06 miles
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Arby's
0.08 miles
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China Buffet
0.11 miles
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Big Boy
0.41 miles
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Wendy's
0.43 miles
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Culver's
0.50 miles
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China Cafe
0.70 miles
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Phoenix Street On Broadway
0.71 miles
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Subway
0.73 miles
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Sophie's Steakhouse & Bar
0.74 miles
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Meijer
0.21 miles
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ALDI
0.39 miles
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Walmart Supercenter
0.51 miles
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Nature's Country Cupboard
0.84 miles
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Merson's
0.85 miles
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N&R Department Store
0.89 miles
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DeGrandchamp Farms
2.91 miles
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Harding's Friendly Market
9.77 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Evan Lyons
Encore Real Estate Investment Services