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Highlights

  • Neighborhood retail center with approximately 74,946 SF of leasable space.
  • Flexible leasing options: 7,000 SF up to 35,000 SF available.
  • Situated on 7.5 acres with ample parking for shoppers and tenants.
  • Prime Alpena location with excellent access and visibility on Ripley Boulevard.
  • Anchored by well-known retailers, attracting steady customer traffic.
  • Strong positioning in Alpena’s main retail corridor close to major residential communities.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 344
  • 7,000-35,000 SF
  • 3-10 Years
  • $8.46 CAD/SF/YR $0.71 CAD/SF/MO $296,247 CAD/YR $24,687 CAD/MO
  • Triple Net (NNN)
344 Ripley Blvd - 1st Floor - Ste 344
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Great location

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Ample parking
Space Size Term Rental Rate Rent Type
1st Floor, Ste 344 7,000-35,000 SF 3-10 Years $8.46 CAD/SF/YR $0.71 CAD/SF/MO $296,247 CAD/YR $24,687 CAD/MO Triple Net (NNN)

344 Ripley Blvd - 1st Floor - Ste 344

Size
7,000-35,000 SF
Term
3-10 Years
Rental Rate
$8.46 CAD/SF/YR $0.71 CAD/SF/MO $296,247 CAD/YR $24,687 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Great location

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Ample parking

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 Ripley Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Tractor Supply Company
  • Home Improvement
  • 2,270
  • National
Tenant Description US Locations Reach
Tractor Supply Company Home Improvement 2,270 National

Property Facts

Total Space Available 35,000 SF
Min. Divisible 7,000 SF
Center Type Neighborhood Center
Center Properties 1
Frontage
State Ave
  • State Ave East of Ripley
Gross Leasable Area 74,946 SF
Total Land Area 7.50 AC
Year Built 1965

About the Property

Ripley Center is a centrally located neighborhood shopping center in Alpena, offering a strong retail presence within a well-established trade corridor. Positioned along Ripley Boulevard with excellent visibility and accessibility, the center is ideal for mid-size to large-format retail concepts or service-based businesses. The property features flexible floor plans ranging from 7,000 to 35,000 square feet within a total center size of nearly 75,000 SF. The site provides ample surface parking and convenient customer access, making it a preferred destination for daily shopping and consumer needs. Its location in the heart of Alpena ensures proximity to both residential developments and key city routes that drive consistent traffic to the center.

Attachments

Other
Other
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Nicolet National Bank
Big Boy
Starbucks
  • Listing ID: 14006239

  • Date on Market: 2007-02-09

  • Last Updated:

  • Address: 344 Ripley Blvd, Alpena, MI 49707

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