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Burton Square Plaza 5238-5246 Lapeer Rd 930 - 18,824 SF of Space Available in Burton, MI 48509
HIGHLIGHTS
- 4,330 - 10,245 SF Leasing Opportunity adjacent to Dollar General
- 32,209 SF Shopping Center with an Ample Parking Field on an 4.39 Acres Parcel
- Close Proximity to I-96
- Located on Lapeer Road between S Genesee and Belsay Road
- Notable Area Retailers in the Immediate Trade Area Include: Art Van, Bath & Body Works, Dunham's, Staples, JCPenny & Planet Fitness
- Spaces Available on the Existing Pylon Sign
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,245 SF | 3 Years | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $114,410 CAD/YR $9,534 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1 | 1,302 SF | Negotiable | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $18,175 CAD/YR $1,515 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 930 SF | Negotiable | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $10,386 CAD/YR $865.47 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 961 SF | Negotiable | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $10,732 CAD/YR $894.32 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 6 | 1,056 SF | Negotiable | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $11,793 CAD/YR $982.73 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 7 | 4,330 SF | 1-5 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $60,443 CAD/YR $5,037 CAD/MO | Triple Net (NNN) |
5238-5246 Lapeer Rd - 1st Floor
Good Neighborhood shopping plaza location. Two large areas of building open to lease. 10,083 SF at front of building with street view and 10,245 SF at back of building. Possible grocery, show room, Bingo Hall, indoor gaming. Plenty of parking. $5.00 sf triple net. Two areas could be combined for an expansive retail or different mixed uses of the 20,328 SF. Building For Sale. Even better than renting at only $495.000. Has signage, but must go to side of the building to see parking lot and entrance.
- 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 14,575 SF of adjacent space
5238-5246 Lapeer Rd - 1st Floor - Ste 1
- Lease rate does not include utilities, property expenses or building services
5238-5246 Lapeer Rd - 1st Floor - Ste 4
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
5238-5246 Lapeer Rd - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
5238-5246 Lapeer Rd - 1st Floor - Ste 6
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 9 People
5238-5246 Lapeer Rd - 1st Floor - Ste 7
Good Neighborhood shopping plaza location. Two large areas of building open to lease. 10,083 SF at front of building with street view and 10,245 SF at back of building. Possible grocery, show room, Bingo Hall, indoor gaming. Plenty of parking. $5.00 sf triple net. Two areas could be combined for an expansive retail or different mixed uses of the 20,328 SF. Building For Sale. Even better than renting at only $495.000.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 14,575 SF of adjacent 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.
SELECT TENANTS AT BURTON SQUARE PLAZA
- Dollar General
PROPERTY FACTS
| Total Space Available | 18,824 SF | Frontage | 420’ on Lapeer Rd |
| Max. Contiguous | 14,575 SF | Gross Leasable Area | 30,271 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.94 AC |
| Parking | 266 Spaces | Year Built | 1961 |
| Center Properties | 1 |
| Total Space Available | 18,824 SF |
| Max. Contiguous | 14,575 SF |
| Center Type | Neighborhood Center |
| Parking | 266 Spaces |
| Center Properties | 1 |
| Frontage | 420’ on Lapeer Rd |
| Gross Leasable Area | 30,271 SF |
| Total Land Area | 3.94 AC |
| Year Built | 1961 |
ABOUT THE PROPERTY
Current tenants include Dollar General & Bushwackers Barbershop Large parking lot. Approximately 60 miles northwest of Detroit. Easy access from I-69 & I-475
- Pylon Sign
Presented by
Burton Square Plaza | 5238-5246 Lapeer Rd
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