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Investment Highlights

  • This property boasts the stability of having not one, but two investment-grade tenants : Family Dollar and Kroger, providing a secure and reliable inc
  • Located on Corunna Rd, a major commercial thoroughfare in Flint, MI, this property benefits from high traffic counts and excellent visibility.
  • Large 68,709 square foot plaza situated on a spacious 6.47 acre lot, offering ample parking for customers.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
67,845 SF
Building Class
C
Year Built
1975
Price
$4,391,088 CAD
Price Per SF
$64.72 CAD
Cap Rate
8%
NOI
$351,287 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
6.47 AC
Zoning
C-3 - Commercial
Parking
531 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Energy Star Labeled

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.

  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The Kroger Company is a publicly traded supermarket chain headquartered in Cincinnati, Ohio, and founded in 1883. It offers a broad range of products including fresh food, pharmaceuticals, general merchandise, fuel services, and private-label brands. Notably, it launched the “Zero Hunger | Zero Waste” initiative to address food waste and hunger. Kroger trades on the New York Stock Exchange under the ticker symbol KR and is among the world’s largest retailers by sales.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Retailer 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,000 SF
  • Flex
  • -
  • Now
  • 3288
  • 18,615 SF
  • Retail
  • In-Line
  • Now

Great location.

Space Size Space Use Position Available
1st Floor 6,000 SF Flex - Now
3288 18,615 SF Retail In-Line Now

1st Floor

Size
6,000 SF
Space Use
Flex
Position
-
Available
Now

3288

Size
18,615 SF
Space Use
Retail
Position
In-Line
Available
Now

3288

Size 18,615 SF
Space Use Retail
Position In-Line
Available Now

Great location.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Ponderosa Steakhouse
Teriyaki Madness
Applebee's
Fifth Third Bank
IHOP

Property Taxes

Property Taxes

Parcel Number
07-15-300-024
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,224,611 CAD
  • Listing ID: 31003366

  • Date on Market: 2022-08-16

  • Last Updated:

  • Address: 3238-3288 Corunna Rd, Flint, MI 48503

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