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Hillsdale Plaza 260-300 W Carleton Rd 6,000 - 24,730 SF of Retail Space Available in Hillsdale, MI 49242
HIGHLIGHTS
- Right off M-99 with over 16,500 cars drive by per day for excellent brand advertising and exposure
- Great facade plus large pylon sign for unparalleled branding and advertising
- National Co-tenancy with huge Kroger, Family Dollar, Pebble's, Rite-Aid
- Anchored by longstanding Kroger with new fuel station that draws 600 plus vehicles to the center per day
- Abundant, well lit parking lot makes this a convenient visiting experience for customers
- Well populated area with Hillsdale College and a strong daytime population
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 250 | 6,000 SF | 3-30 Years | $19.36 CAD/SF/YR $1.61 CAD/SF/MO $116,130 CAD/YR $9,678 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 260 | 7,550 SF | Negotiable | $17.97 CAD/SF/YR $1.50 CAD/SF/MO $135,692 CAD/YR $11,308 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 300 | 11,180 SF | 3 Years | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $185,476 CAD/YR $15,456 CAD/MO | Triple Net (NNN) |
260-300 W Carleton Rd - 1st Floor - Ste 250
Prime endcap location with national co-tenancy. Space has a large facade for excellent signage. Tall ceilings allow for many possible uses. Currently standard vanilla box but could be converted to many uses including, but not limited to, a gym, indoor storage, sporting goods store, restaurant, buffet, clothing store, offices, medical offices, coffee shop, etc.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Corner Space
- High Ceilings
- Emergency Lighting
- After Hours HVAC Available
- Large open floor plan
- Abundant natural light
- Large façade for great branding and advertising
- Ideal for a variety of uses
- Pylon Signage available
- Large Endcap Space
260-300 W Carleton Rd - 1st Floor - Ste 260
Large in-line unit with national co-tenancy. Space has a large facade for excellent signage. Tall ceilings allow for many possible uses. Could be converted to many uses including, but not limited to, a gym, sporting goods store, restaurant, buffet, clothing store, offices, medical offices, coffee shop, etc.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Emergency Lighting
- After Hours HVAC Available
- Large façade for great branding and advertising
- Pylon Signage available
- Great Anchor space
260-300 W Carleton Rd - 1st Floor - Ste 300
This is an out lot parcel of the former Rite-Aid space. Lots of visibility right off a major road.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Convenience Store
- Space is an outparcel at this property
- Space is in Excellent Condition
- 2 Loading Docks
- Anchor 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 HILLSDALE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advance America
- Check Cash/Quick Loans
- 1,994
- National
- Cavoni's Pizza & Grinders
- Accommodation and Food Services
- -
- -
- El' Cerrito
- Restaurant
- 1
- -
- Kroger
- Supermarket
- 1,866
- National
- Russell Cellular
- Wireless Communications
- 361
- National
- Shoe Sensation
- Shoes
- 336
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advance America | Check Cash/Quick Loans | 1,994 | National |
| Cavoni's Pizza & Grinders | Accommodation and Food Services | - | - |
| El' Cerrito | Restaurant | 1 | - |
| Kroger | Supermarket | 1,866 | National |
| Russell Cellular | Wireless Communications | 361 | National |
| Shoe Sensation | Shoes | 336 | National |
PROPERTY FACTS
| Total Space Available | 24,730 SF | Frontage | 700’ on W Carlton Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 117,801 SF |
| Parking | 756 Spaces | Total Land Area | 28.14 AC |
| Stores | 10 | Year Built | 1973 |
| Center Properties | 3 | Cross Streets | Spring St |
| Total Space Available | 24,730 SF |
| Center Type | Neighborhood Center |
| Parking | 756 Spaces |
| Stores | 10 |
| Center Properties | 3 |
| Frontage | 700’ on W Carlton Rd |
| Gross Leasable Area | 117,801 SF |
| Total Land Area | 28.14 AC |
| Year Built | 1973 |
| Cross Streets | Spring St |
ABOUT THE PROPERTY
Hillsdale Plaza maintains a distinguished presence on W Carleton Rd, further enhanced by national co-tenants such as Kroger, the newly opened Marshalls, Shoe Sensation, and Advanced America. In addition, established family-owned restaurants contribute valued local dining options to the center. The recently added Kroger Fuel Center and Marshalls store drive consistent foot traffic throughout the day. Ample parking is available to accommodate customer needs.
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Storage Space
NEARBY MAJOR RETAILERS
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Hillsdale Plaza | 260-300 W Carleton Rd
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