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Highlights

  • Located along Houghton Lake Drive (M-55), a primary commercial corridor.
  • Pylon and fascia signage opportunities provide strong business visibility.
  • Surrounded by national and regional retailers generating daily traffic.
  • Signalized access at Reserve Road supports convenient customer entry.
  • Surrounded by national and regional retailers generating daily traffic.
  • Established shopping center with a diverse tenant and retail mix.

Space Availability (5)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Suite 3449
  • 2,780 SF
  • Negotiable
  • $11.21 CAD/SF/YR $0.93 CAD/SF/MO $31,160 CAD/YR $2,597 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • 1st Floor, Ste Suite 3509
  • 5,244 SF
  • Negotiable
  • $11.21 CAD/SF/YR $0.93 CAD/SF/MO $58,777 CAD/YR $4,898 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 13,694 SF of adjacent space
  • 1st Floor, Ste Suite 3515
  • 1,200 SF
  • Negotiable
  • $16.81 CAD/SF/YR $1.40 CAD/SF/MO $20,175 CAD/YR $1,681 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Suite-3491
  • 8,450 SF
  • Negotiable
  • $11.21 CAD/SF/YR $0.93 CAD/SF/MO $94,712 CAD/YR $7,893 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 13,694 SF of adjacent space
  • 1st Floor, Ste Suite-3541
  • 2,000 SF
  • Negotiable
  • $14.01 CAD/SF/YR $1.17 CAD/SF/MO $28,021 CAD/YR $2,335 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste Suite 3449 2,780 SF Negotiable $11.21 CAD/SF/YR $0.93 CAD/SF/MO $31,160 CAD/YR $2,597 CAD/MO Triple Net (NNN)
1st Floor, Ste Suite 3509 5,244 SF Negotiable $11.21 CAD/SF/YR $0.93 CAD/SF/MO $58,777 CAD/YR $4,898 CAD/MO Triple Net (NNN)
1st Floor, Ste Suite 3515 1,200 SF Negotiable $16.81 CAD/SF/YR $1.40 CAD/SF/MO $20,175 CAD/YR $1,681 CAD/MO Triple Net (NNN)
1st Floor, Ste Suite-3491 8,450 SF Negotiable $11.21 CAD/SF/YR $0.93 CAD/SF/MO $94,712 CAD/YR $7,893 CAD/MO Triple Net (NNN)
1st Floor, Ste Suite-3541 2,000 SF Negotiable $14.01 CAD/SF/YR $1.17 CAD/SF/MO $28,021 CAD/YR $2,335 CAD/MO Triple Net (NNN)

1st Floor, Ste Suite 3449

Size
2,780 SF
Term
Negotiable
Rental Rate
$11.21 CAD/SF/YR $0.93 CAD/SF/MO $31,160 CAD/YR $2,597 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

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

1st Floor, Ste Suite 3509

Size
5,244 SF
Term
Negotiable
Rental Rate
$11.21 CAD/SF/YR $0.93 CAD/SF/MO $58,777 CAD/YR $4,898 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 13,694 SF of adjacent space

1st Floor, Ste Suite 3515

Size
1,200 SF
Term
Negotiable
Rental Rate
$16.81 CAD/SF/YR $1.40 CAD/SF/MO $20,175 CAD/YR $1,681 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Suite-3491

Size
8,450 SF
Term
Negotiable
Rental Rate
$11.21 CAD/SF/YR $0.93 CAD/SF/MO $94,712 CAD/YR $7,893 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 13,694 SF of adjacent space

1st Floor, Ste Suite-3541

Size
2,000 SF
Term
Negotiable
Rental Rate
$14.01 CAD/SF/YR $1.17 CAD/SF/MO $28,021 CAD/YR $2,335 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

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 Village Square

  • Tenant
  • Description
  • US Locations
  • Reach
  • China Buffet
  • Restaurant
  • 1
  • -
  • Continental Home Centers
  • Retailer
  • 1
  • -
  • Nails II
  • Services
  • 1
  • -
  • Pet Parlor
  • Services
  • 1
  • -
Tenant Description US Locations Reach
China Buffet Restaurant 1 -
Continental Home Centers Retailer 1 -
Nails II Services 1 -
Pet Parlor Services 1 -

Property Facts

Total Space Available 19,674 SF
Max. Contiguous 13,694 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 28,093 SF
Total Land Area 3.01 AC
Year Built 1990
Parking Ratio 10/1,000 SF

About the Property

Village Square is a neighborhood retail center positioned along Houghton Lake Drive (M-55), one of the primary commercial corridors serving Houghton Lake and the surrounding Roscommon County market. The property benefits from direct exposure along a heavily traveled route with signalized access at Reserve Road, providing convenient customer access and visibility for a variety of retail, service, and office users. The center is located between established regional retailers and national brands, creating a complementary commercial environment that supports daily consumer traffic. Nearby businesses include Tractor Supply, Harbor Freight, Dunham’s, Walmart, Home Depot, Dollar General, Arby’s, and Little Caesars, helping drive consistent activity throughout the trade area. Prominent frontage and multiple signage opportunities further enhance tenant visibility along the corridor. Available suites offer flexibility for a range of occupiers seeking a location within an established retail destination. The property's tenant mix, accessibility, and surrounding commercial concentration make it suitable for retailers, professional service providers, medical users, and office-based businesses looking to serve both local residents and seasonal visitors to the Houghton Lake area. Combined with strong roadway exposure and a recognized retail setting, Village Square provides businesses with a well-positioned opportunity within one of the area's primary commercial districts.

Attachments

Village Square
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
  • Listing ID: 41411858

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: 3535 W Houghton Lake Dr, Houghton Lake, MI 48629

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