Multi-Tenant Retail
Nationally Anchored Retail | 8.25% Cap | Immediate Lease-Up Opportunity
4317-4339 Miller Road , Flint, MI
Listing Price: $4,431,000
Click To Access Offering Memorandum- Cap Rate8.07%
- Building SF46,907 SF
- Price/SF$94.46
- Year Built / Renovated1969 / 2016
Investment Highlights
Key Property Highlights
- 89.3% Occupied Neighborhood Shopping Center with Value Add Leasing Potential
- New 10 Year Chuck E. Cheese Lease Commencing December 1, 2026
- Largest Tenant Occupies 18,907 SF (40.3% of GLA) with Four, Five Year Renewal Options
- Recent Capital Improvements Include New Roof Sections Completed in 2022 and 2023
- Harbor Freight Ranks in the Top 44% Nationwide and Top 35% in Michigan, per Placer.ai Data
- 5,010 SF Vacancy Creates Opportunity to Increase Occupancy and Future Net Operating Income
- Combined Traffic Count of 33,958 Vehicles Per Day Along Miller Road & South Linden Road
Additional Highlights
- Located Within a Dense Retail Corridor Featuring 33.5 Million SF of Retail Inventory
- Five Mile Trade Area Supported by 95,145 Residents and 112,789 Daytime Employees
- Strategically Positioned Along One of Flint’s Primary Commercial Corridors with Immediate Access to Interstate 75, Interstate 69 & Bishop International Airport
- Surrounded by a Strong Concentration of National Retailers, Restaurants, Hotels & Service Providers
- Regional Employment Base Anchored by Healthcare, Manufacturing, Higher Education & Logistics
Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613