Genesee Commons Retail Center

3603 Miller Road Flint, MI 48507

3603 Miller Road, Flint, MI, 48507
3603 Miller Road, Flint, MI, 48507 3603 Miller Road, Flint, MI, 48507
FOR SALE
Property Type:
Strip Center
Amount:
$9,900,000
Last Verified:
Jul 24, 2024

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Highlights

  • 4 tenant retail center located on Miller Road totaling 94,021 square feet strategically located on an 8.19-acre parcel
  • Brand new 10 year lease with Ross Dress For Less - Lease Commences July 2024
  • Target shadow anchored center - Excellent ingress & egress with cross access easement
  • Building has been well maintained | Parking lot resealed & striped as of 2024 - Roof warranty in place until 2027
  • The lease structure across the board represents a Landlord favorable lease structure as the Tenants reimburse Landlord for all maintenance and repairs of the shopping center including the parking lot, roof, structure, and management fee
  • Subject site within close proximity to I-69 (53,500 VPD+/-) & I-75 (69,213 VPD+/-) - Major interstates
  • Asset has been professionally managed with ongoing capital improvement annually
  • Subject property located on Miller Road which boasts ample traffic counts of 27,000 VPD+/-
  • Household Income within 3 mile radius exceeds $54,340
  • Population within 5 mile radius exceeds 107,000 people
  • Subject site within close proximity to Bishop International Airport, third busiest airport in the state of Michigan behind Detroit and Grand Rapids
  • National tenants surrounding investment property include: Target, Applebee's, Dunham’s, Best Buy, Ulta, DSW, Office Max, Party City, Petco, Petsmart, and many more

Description

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Flint is the largest city and seat of Genesee County, Michigan, United States. Located along the Flint River, 66 miles (106 km) northwest of Detroit, it is a principal city within the region known as Mid Michigan. At the 2020 census, Flint had a population of 81,252, making it the twelfth largest city in Michigan. The Flint metropolitan area is located entirely within Genesee County. It is the fourth largest metropolitan area in Michigan with a population of 406,892 in 2020. The city was incorporated in 1855.

Genesee County is a county in the U.S. state of Michigan. As of the 2020 Census, the population was 406,211, making it the fifth-most populous county in Michigan. The county seat and population center is Flint (birthplace of General Motors). Genesee County is considered to be a part of the greater Mid Michigan area. The county was named after Genesee County, New York which in turn comes from the Seneca word Gen-nis'-hee-yo, meaning "Beautiful Valley". Genesee County comprises the Flint, MI Metropolitan Statistical Area and is included in the Detroit-Warren-Ann Arbor, MI Combined Statistical Area. A major attraction for visitors is Crossroads Village, a living history village north of Flint.


Year Built: 1986
Building Size: 94021sq ft
Lot Size: 8.19 acres


Documents

Genesee Commons Retail Center - Flint, MI - Encore MP.pdf

Map of 3603 Miller Road, Flint, MI, 48507

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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