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Family Fare Center 250 Lake St 7,015 - 37,015 SF of Retail Space Available in East Jordan, MI 49727
HIGHLIGHTS
- Contiguous spaces with tall exposed ceilings
- High visibility pylon signage
- Central location that pulls from the region
- Predominant grocery anchored center
- Open floor plan allows for a variety of uses
- Ample parking in busy center
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 7,015 SF | 10’ | 3-10 Years | $10.47 CAD/SF/YR $0.87 CAD/SF/MO $73,443 CAD/YR $6,120 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste Outlot | 30,000 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | Plus Utilities and Char |
220-250 Lake St - 1st Floor
Seize the opportunity to lease this prime 6,500 sq. ft. end-cap space in a bustling shopping center located in East Jordan, Michigan. This high-visibility location is anchored by Family Fare, the town’s only grocery store, ensuring a steady flow of foot traffic. The shopping center also features a diverse tenant mix, including Family Dollar and Little Caesars, attracting a wide range of customers. With an impressive average annual daily traffic count of 12,000 vehicles, your business will benefit from excellent exposure and accessibility. The space is well-suited for various uses, including retail, dining, or service-oriented businesses. Key Features: End-cap location with prominent signage opportunities High foot traffic driven by established tenants Ample parking available for customers Versatile layout ready for customization
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Finished Ceilings: 10’
- High visibility building and pylon signage
- Premier grocery anchored center
- Rare outlot opportunity available
- Open floor plan allows for variety of uses
- Ample parking
230 S Lake St - 1st Floor - Ste Outlot
Out lot available. Space is about 1 acre. Direct exposure on M 66.
- Listed lease rate plus proportional share of the utilities and cleaning cost
- Space is an outparcel at this property
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 FAMILY FARE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Active Recovery Physical Therapy & Sports Rehab
- Health Care
- 1
- -
- Family Dollar
- Retailer
- -
- -
- Little Caesars
- Pizza
- 4,803
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Active Recovery Physical Therapy & Sports Rehab | Health Care | 1 | - |
| Family Dollar | Retailer | - | - |
| Little Caesars | Pizza | 4,803 | International |
PROPERTY FACTS
| Total Space Available | 37,015 SF | Frontage | 205’ on S. Lake Street |
| Center Type | Neighborhood Center | Gross Leasable Area | 39,441 SF |
| Parking | 75 Spaces | Total Land Area | 1.33 AC |
| Stores | 6 | Year Built | 1990 |
| Center Properties | 2 |
| Total Space Available | 37,015 SF |
| Center Type | Neighborhood Center |
| Parking | 75 Spaces |
| Stores | 6 |
| Center Properties | 2 |
| Frontage | 205’ on S. Lake Street |
| Gross Leasable Area | 39,441 SF |
| Total Land Area | 1.33 AC |
| Year Built | 1990 |
ABOUT THE PROPERTY
Retail/Office space available in regional shopping center anchored by Family Fare Supermarket. Out lot (~ 1 acre) also available, open to a large variety of uses.
- 24 Hour Access
- Air Conditioning
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Family Fare Center | 250 Lake St
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