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Marshall Plaza 15861 W Michigan Ave
5,000 - 54,000 SF of Retail Space Available in Marshall, MI 49068
Highlights
- Pylon on W Michigan Ave. with 25,000+ VPD
- Two Truckwells Accommodate 53' Trailers
- One of the Highest-Traffic Family Fare Locations
- Ample Parking
- Business Friendly Local Government
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000-44,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 5,000-10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
B. Riley Real Estate is pleased to offer 44,000 SF of inline retail space for sale or lease within Marshall Plaza. The available space sits adjacent to new tenants Dollar Tree and Tractor Supply. A complete full-building roof replacement has already been completed and the remaining construction work to demise the property is currently being finalized. Ownership has recently completed the separation of the property via a lot split which has resulted in individual properties for the Tractor Supply/Dollar Tree spaces, the remaining in-line space, and the outparcel site. With excellent existing tenancy, easy access to I-69 and I-94, and a building that offers floorplan flexibly to suit to a wide range of uses, this site provides one of the best opportunities within the market.
- Space is in Excellent Condition
- Flexible Floorplan Options
- Quality Real Estate & Market Positioning
- Strong Major Retailer Adjacency
- Excellent Visibility & Accessibility
1st Floor
B. Riley Real Estate is pleased to offer a prime pad development site for sale or lease within Marshall Plaza. This site sits adjacent to an existing high-traffic Taco Bell outparcel and provides over 300’ of direct frontage along W. Michigan Avenue. With new tenants Dollar Tree and Tractor Supply set to open, joining an already strong set of existing tenants that include a high performing Family Fare Supermarket, this site should only benefit from enhanced center traffic making it a compelling opportunity for both potential developers as well as owner/operators. Ownership has recently completed the separation of the property via a lot split which has resulted in individual properties for the Tractor Supply/Dollar Tree spaces, the remaining in-line space, and the outparcel site. With excellent existing tenancy, easy access to I-69 and I-94, and a pad site that offers the flexibly to suit to a wide range of uses, this offering provides one of the best outparcel opportunities within the market.
- Flexible Floorplan Options
- Quality Real Estate & Market Positioning
- Strong Major Retailer Adjacency
- Excellent Visibility & Accessibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 15861 W Michigan Ave , Marshall, MI 49068
| Min. Divisible | 5,000 SF | Total Land Area | 7.93 AC |
| Property Type | Retail | Year Built/Renovated | 1981/2022 |
| Gross Leasable Area | 86,479 SF | Parking Ratio | 1.91/1,000 SF |
| Min. Divisible | 5,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 86,479 SF |
| Total Land Area | 7.93 AC |
| Year Built/Renovated | 1981/2022 |
| Parking Ratio | 1.91/1,000 SF |
Features and Amenities
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Marshall Plaza | 15861 W Michigan Ave
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