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7201-7229 Eastman Ave
Midland, MI 48642
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 2.36 AC |
| Property Subtype | Storefront | Year Built | 2006 |
| Gross Leasable Area | 9,516 SF | Parking Ratio | 9.46/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,516 SF |
| Total Land Area | 2.36 AC |
| Year Built | 2006 |
| Parking Ratio | 9.46/1,000 SF |
About the Property
Marcus and Millichap is pleased to announce the assignment to exclusively market the Eastman Fairground Shoppes, a 9,516 square foot shopping center built in 2006. The center itself sits on 1.71 acres and has excellent street front visibility on Eastman Avenue and Joe Mann Boulevard.Eastman Fairground Shoppes, which is 100 percent occupied, is an exceptional opportunity for an investor looking for a stabilized asset in an area that has seen massive growth over the past few years. The subject property has zero deferred maintenance and all of the current tenants pay their pro-rata share of taxes, insurance and CAM (landlord responsible for roof and structure). All of the spaces are occupied by national tenants and have increases in their respective option years. In addition, most of the tenants pay an administration fee on taxes, insurance and CAM and reimburse the landlord for a management fee.
