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JCPenney 125 S Michigan Ave 20,972 SF of Retail Space Available in Big Rapids, MI 49307
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,972 SF | Negotiable | $8.85 CAD/SF/YR $0.74 CAD/SF/MO $185,687 CAD/YR $15,474 CAD/MO | Triple Net (NNN) |
1st Floor
This prominent commercial property offers a highly visible location in the heart of downtown Big Rapids. Positioned along South Michigan Avenue, the site benefits from consistent pedestrian and vehicular traffic. The property is within walking distance of numerous local businesses, municipal offices, and community amenities, making it an attractive site for a variety of retail or service-oriented users. City parking options enhance accessibility for customers and employees, while the proximity to Ferris State University provides an additional source of foot traffic and potential clientele. The flexible floor plan and open interior layout make it adaptable for a range of uses, from apparel retail to specialty shops or services. Situated near major roadways and less than two miles from U.S. Highway 131, the property ensures strong connectivity to regional markets and surrounding residential communities. This is a rare opportunity to secure a centrally located downtown retail presence in a vibrant, established business district.
- Lease rate does not include utilities, property expenses or building services
- Downtown location just steps from local dining.
- Accessible city parking located nearby.
- Positioned near U.S. Highway 131.
- Within close proximity to Ferris State University.
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.
Select Tenants at JCPenney
- Tenant
- Description
- US Locations
- Reach
- Gotion
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Gotion | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 20,972 SF | Gross Leasable Area | 20,972 SF |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Department Store |
| Total Space Available | 20,972 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Gross Leasable Area | 20,972 SF |
| Year Built | 1975 |
About the Property
The property at 125 S. Michigan Avenue is a commercial building located in the central business district of Big Rapids, Michigan. It is near intersections of Elm Street and Maple Street and close to Ferris State University. The area includes surrounding retail businesses, restaurants, and municipal services. Major transportation access includes U.S. Highway 131 located southwest of the site.
Nearby Major Retailers
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JCPenney | 125 S Michigan Ave
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