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Independence Square 5860-5990 Sashabaw Rd

1,609 SF of Retail Space Available in Independence Township, MI 48348

Highlights

  • Heavy Daytime Traffic
  • Diverse Tenant Mix
  • Ample Parking

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,609 SF
  • 12’
  • 5 Years
  • $26.00 /SF/YR $2.17 /SF/MO $41,834 /YR $3,486 /MO
  • Triple Net (NNN)
5860-5990 Sashabaw Rd - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Prime Retail Space Available – Former Subway Unit in Busy Shopping Center This prime retail space, previously occupied by Subway, is now available for lease in a bustling shopping center anchored by one of the busiest Krogers in Metro Detroit. Key Features include: Prime Location: Situated in a high-traffic shopping center with excellent visibility and foot traffic. Size: The unit offers ample space, perfect for a variety of retail or service-oriented businesses. Ample Parking: The shopping center features abundant parking, ensuring convenience for your customers. Strong Neighboring Tenants: Benefit from the steady stream of customers visiting neighboring stores and services, enhancing your business’s visibility and potential customer base.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Central Air and Heating
  • Drop Ceilings
  • Emergency Lighting
  • Finished Ceilings: 12’
  • Smoke Detector
  • Wheelchair Accessible
  • Anchor Tenant
  • Ample Parking
  • Former Sandwich Shop
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 1,609 SF 12’ 5 Years $26.00 /SF/YR $2.17 /SF/MO $41,834 /YR $3,486 /MO Triple Net (NNN)

5860-5990 Sashabaw Rd - 1st Floor

Size
1,609 SF
Ceiling
12’
Term
5 Years
Rental Rate
$26.00 /SF/YR $2.17 /SF/MO $41,834 /YR $3,486 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Prime Retail Space Available – Former Subway Unit in Busy Shopping Center This prime retail space, previously occupied by Subway, is now available for lease in a bustling shopping center anchored by one of the busiest Krogers in Metro Detroit. Key Features include: Prime Location: Situated in a high-traffic shopping center with excellent visibility and foot traffic. Size: The unit offers ample space, perfect for a variety of retail or service-oriented businesses. Ample Parking: The shopping center features abundant parking, ensuring convenience for your customers. Strong Neighboring Tenants: Benefit from the steady stream of customers visiting neighboring stores and services, enhancing your business’s visibility and potential customer base.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Central Air and Heating
  • Drop Ceilings
  • Emergency Lighting
  • Finished Ceilings: 12’
  • Smoke Detector
  • Wheelchair Accessible
  • Anchor Tenant
  • Ample Parking
  • Former Sandwich Shop

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.

PROPERTY FACTS FOR 5860-5990 Sashabaw Rd , Independence Township, MI 48348

Center Type Neighborhood Center
Parking 254 Spaces
Stores 19
Center Properties 2
Frontage
Sashabaw
  • 667’ on Maybee Rd
Gross Leasable Area 95,302 SF
Total Land Area 13.83 AC
Year Built 2003
Cross Streets Maybee Rd

About the Property

Independence Square Shopping Center, located at 5860-5990 Sashabaw Rd, Independence Twp, MI 48346, is a vibrant and bustling retail destination anchored by Kroger. This dynamic shopping center serves as a key commercial hub in the area, attracting a steady stream of visitors and shoppers. Key Features: Prime Location: Situated on Sashabaw Road, a major thoroughfare in Independence Township, providing excellent visibility and accessibility. Anchored by Kroger: The presence of Kroger, a major grocery chain, ensures consistent foot traffic and a robust customer base for all tenants. Diverse Tenant Mix: The center boasts a variety of retail and service-oriented businesses, creating a one-stop destination for shoppers. Ample Parking: Extensive parking facilities provide convenience for customers and enhance the shopping experience. Strong Community Presence: The center is a well-known and frequented destination for local residents, fostering a strong sense of community. Independence Square Shopping Center is the perfect place for businesses looking to thrive in a dynamic and well-trafficked environment. Contact us today to learn more about available leasing opportunities and become a part of this bustling retail community.

  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Kroger
Flagstar
Tim Hortons
Chase
Goldfish Swim School
Starbucks
HOTWORX
Leo's Coney Island
Powerhouse Gym
  • Listing ID: 32656453

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 5860-5990 Sashabaw Rd, Independence Township, MI 48348

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