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Thunder Bay Shopping Center 2205 US Highway 23 S 900 - 40,843 SF of Space Available in Alpena, MI 49707

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HIGHLIGHTS

  • Thunder Bay Shopping Center is an approximately 92,000-square-foot center offering retail, office, and medical spaces.
  • Alpena is a beloved Great Lakes tourist destination, and the visitor center alone reports seeing about 100,000 people per year.
  • The center has excellent exposure to US-23 for traffic counts of over 10,000 vehicles per day with signage available.
  • Ollie's Bargain Outlet just opened in 2025, creating a coveted end-cap suite spanning 12,000 SF ideally facing US-23.
  • Woodcrest Capital currently offers aggressive rates and creative deals in addition to our personal, family-owned business approach.

SPACE AVAILABILITY (9)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 106
  • 900 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,563 CAD/YR $1,047 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 106
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 3 - 8 People
  • Central Air Conditioning
  • 1st Floor, Ste 112
  • 1,400 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 112
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
30 Days

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Central Air Conditioning
  • Located in-line with other retail
  • 1st Floor, Ste 132
  • 1,400 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 132
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Can be combined with additional space(s) for up to 5,105 SF of adjacent space
  • Central Air Conditioning
  • 1st Floor, Ste 134
  • 3,705 SF
  • Negotiable
  • $11.17 CAD/SF/YR $0.93 CAD/SF/MO $41,375 CAD/YR $3,448 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 134
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 22 - 68 People
  • Can be combined with additional space(s) for up to 5,105 SF of adjacent space
  • Central Air Conditioning
  • 1st Floor, Ste 146
  • 12,562 SF
  • Negotiable
  • $10.47 CAD/SF/YR $0.87 CAD/SF/MO $131,517 CAD/YR $10,960 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 146
Space Use
Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 150
  • 4,000-14,976 SF
  • Negotiable
  • $10.47 CAD/SF/YR $0.87 CAD/SF/MO $156,790 CAD/YR $13,066 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 150
Space Use
Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • 1st Floor, Ste 2211
  • 1,850 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 2211
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • Fits 5 - 15 People
  • 1st Floor, Ste 2215
  • 1,500 SF
  • Negotiable
  • $13.96 CAD/SF/YR $1.16 CAD/SF/MO $20,939 CAD/YR $1,745 CAD/MO
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 2215
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
30 Days

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Central Air Conditioning
  • Located in-line with other retail
  • 1st Floor, Ste 96
  • 2,550 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
2205-2219 S US Highway 23 - 1st Floor - Ste 96
Space Use
Retail
Condition
Full Build-Out
Availability
Now

former Bookstore

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste 106 900 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,563 CAD/YR $1,047 CAD/MO Triple Net (NNN)
1st Floor, Ste 112 1,400 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO Triple Net (NNN)
1st Floor, Ste 132 1,400 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO Triple Net (NNN)
1st Floor, Ste 134 3,705 SF Negotiable $11.17 CAD/SF/YR $0.93 CAD/SF/MO $41,375 CAD/YR $3,448 CAD/MO Triple Net (NNN)
1st Floor, Ste 146 12,562 SF Negotiable $10.47 CAD/SF/YR $0.87 CAD/SF/MO $131,517 CAD/YR $10,960 CAD/MO Triple Net (NNN)
1st Floor, Ste 150 4,000-14,976 SF Negotiable $10.47 CAD/SF/YR $0.87 CAD/SF/MO $156,790 CAD/YR $13,066 CAD/MO Triple Net (NNN)
1st Floor, Ste 2211 1,850 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 2215 1,500 SF Negotiable $13.96 CAD/SF/YR $1.16 CAD/SF/MO $20,939 CAD/YR $1,745 CAD/MO Triple Net (NNN)
1st Floor, Ste 96 2,550 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

2205-2219 S US Highway 23 - 1st Floor - Ste 106

Size
900 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $12,563 CAD/YR $1,047 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 3 - 8 People
  • Central Air Conditioning

2205-2219 S US Highway 23 - 1st Floor - Ste 112

Size
1,400 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
30 Days

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Central Air Conditioning
  • Located in-line with other retail

2205-2219 S US Highway 23 - 1st Floor - Ste 132

Size
1,400 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $19,543 CAD/YR $1,629 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Can be combined with additional space(s) for up to 5,105 SF of adjacent space
  • Central Air Conditioning

2205-2219 S US Highway 23 - 1st Floor - Ste 134

Size
3,705 SF
Term
Negotiable
Rental Rate
$11.17 CAD/SF/YR $0.93 CAD/SF/MO $41,375 CAD/YR $3,448 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
Now

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 22 - 68 People
  • Can be combined with additional space(s) for up to 5,105 SF of adjacent space
  • Central Air Conditioning

2205-2219 S US Highway 23 - 1st Floor - Ste 146

Size
12,562 SF
Term
Negotiable
Rental Rate
$10.47 CAD/SF/YR $0.87 CAD/SF/MO $131,517 CAD/YR $10,960 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

2205-2219 S US Highway 23 - 1st Floor - Ste 150

Size
4,000-14,976 SF
Term
Negotiable
Rental Rate
$10.47 CAD/SF/YR $0.87 CAD/SF/MO $156,790 CAD/YR $13,066 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space

2205-2219 S US Highway 23 - 1st Floor - Ste 2211

Size
1,850 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • Fits 5 - 15 People

2205-2219 S US Highway 23 - 1st Floor - Ste 2215

Size
1,500 SF
Term
Negotiable
Rental Rate
$13.96 CAD/SF/YR $1.16 CAD/SF/MO $20,939 CAD/YR $1,745 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
30 Days

• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 12 People
  • Central Air Conditioning
  • Located in-line with other retail

2205-2219 S US Highway 23 - 1st Floor - Ste 96

Size
2,550 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

former Bookstore

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space

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.

SITE PLAN

SELECT TENANTS AT THUNDER BAY SHOPPING CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Alpena Driving School LLC
  • Educational Services
  • -
  • -
  • Flowerland Designs
  • Florist
  • 1
  • Local
  • Ollie's Bargain Outlet
  • Dollar/Variety/Thrift
  • 803
  • National
  • Starlite Bay Café
  • Accommodation and Food Services
  • 1
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Alpena Driving School LLC Educational Services - -
Flowerland Designs Florist 1 Local
Ollie's Bargain Outlet Dollar/Variety/Thrift 803 National
Starlite Bay Café Accommodation and Food Services 1 -

PROPERTY FACTS

Total Space Available 40,843 SF
Min. Divisible 900 SF
Max. Contiguous 5,105 SF
Center Type Neighborhood Center
Parking 435 Spaces
Stores 19
Center Properties 1
Frontage 710’ on US-23
Gross Leasable Area 90,979 SF
Total Land Area 7.85 AC
Year Built 1977

ABOUT THE PROPERTY

Thunder Bay Shopping Center is an approximately 92,000-square-foot neighborhood center showcasing the historical features of Alpena, Michigan. The City of Alpena overlooks Lake Huron’s picturesque Thunder Bay, which many locals and visitors continuously enjoy. Thunder Bay offers a variety of unique retailers to the public and is proud to welcome a new anchor, Ollie's Bargain Outlet, NOW OPEN!! The new anchor leaves a valuable 14,976-square-foot end-cap suite and a 12,562-square-foot space, both of which would be perfect spots for junior anchors. Commercial suites at this center are available to rent for anything from traditional retail storefronts and restaurants to offices to medical or other professional service providers. Ownership is eager to work with tenants to offer aggressive rates and creative deals. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms while also being sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Call today to find the right location for your business as Woodcrest usually has multiple retail opportunities in the immediate area!

  • Signalized Intersection

NEARBY MAJOR RETAILERS

Big Boy
Nicolet National Bank
Huntington National Bank
  • Listing ID: 17702754

  • Date on Market: 2025-10-08

  • Last Updated:

  • Address: 2205 US Highway 23 S, Alpena, MI 49707

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