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Houghton Lake Crossing 2241 Houghton Lake Dr
2,000 SF of Retail Space Available in Houghton Lake, MI 48629
Highlights
- Walmart Shadow Center with 1.7M annual visits
- Nearby national retailers include Home Depot, McDonald's, Pleasantrees, and O'Reilly Auto Parts
- Anchor tenants: Dollar Tree and Verizon Wireless
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
2131 W Houghton Lake Dr - 1st Floor - Ste 2
- Located in-line with other retail
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
SELECT TENANTS AT Houghton Lake Crossing
- Tenant
- Description
- US Locations
- Reach
- Continental Home Center
- -
- -
- -
- Dollar Tree
- Dollar/Variety/Thrift
- 10,551
- International
- Great Clips
- -
- -
- -
- Shoe Show
- -
- -
- -
- The Salvation Army
- Other Services
- 2,951
- International
- Verizon
- Wireless Communications
- 8,722
- International
| Tenant | Description | US Locations | Reach |
| Continental Home Center | - | - | - |
| Dollar Tree | Dollar/Variety/Thrift | 10,551 | International |
| Great Clips | - | - | - |
| Shoe Show | - | - | - |
| The Salvation Army | Other Services | 2,951 | International |
| Verizon | Wireless Communications | 8,722 | International |
PROPERTY FACTS FOR 2241 Houghton Lake Dr , Houghton Lake, MI 48629
| Center Type | Community Center | Gross Leasable Area | 318,004 SF |
| Parking | 2,172 Spaces | Total Land Area | 54.07 AC |
| Stores | 8 | Year Built | 2005 |
| Center Properties | 3 |
| Center Type | Community Center |
| Parking | 2,172 Spaces |
| Stores | 8 |
| Center Properties | 3 |
| Gross Leasable Area | 318,004 SF |
| Total Land Area | 54.07 AC |
| Year Built | 2005 |
About the Property
Houghton Lake Crossing is a multi-tenant retail center located in Houghton Lake, Michigan. Located along W Houghton Lake Drive, this shopping center has significant traffic and visibility for both the local community and travelers visiting the area. Walmart and Home Depot anchor the retail center and bring in 1.7 M visits annually. This retail corridor provides essential services to residents and travelers, making it the perfect location for retail, healthcare, or a restaurant. The property is currently occupied with a mix of both regional and national tenants such as Dollar Tree, Verizon Wireless, and Great Clips. Houghton Lake is a popular vacation spot in MI, attracting thousands of visitors annually.
- Signage
-
Austin Hannah -
MRP Capital Group
Presented by
Houghton Lake Crossing | 2241 Houghton Lake Dr
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