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Thunder Bay Shopping Center 2205 US Highway 23 S 900 - 40,843 SF of Space Available in Alpena, MI 49707
HIGHLIGHTS
- Thunder Bay Shopping Center is an approximately 92,000-square-foot center offering retail, office, and medical spaces.
- Alpena is a beloved Great Lakes tourist destination, and the visitor center alone reports seeing about 100,000 people per year.
- The center has excellent exposure to US-23 for traffic counts of over 10,000 vehicles per day with signage available.
- Ollie's Bargain Outlet just opened in 2025, creating a coveted end-cap suite spanning 12,000 SF ideally facing US-23.
- Woodcrest Capital currently offers aggressive rates and creative deals in addition to our personal, family-owned business approach.
SPACE AVAILABILITY (9)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 106 | 900 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $9,000 /YR $750.00 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 112 | 1,400 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $14,000 /YR $1,167 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 132 | 1,400 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $14,000 /YR $1,167 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 134 | 3,705 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $29,640 /YR $2,470 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 146 | 12,562 SF | Negotiable | $7.50 /SF/YR $0.63 /SF/MO $94,215 /YR $7,851 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 150 | 4,000-14,976 SF | Negotiable | $7.50 /SF/YR $0.63 /SF/MO $112,320 /YR $9,360 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2211 | 1,850 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2215 | 1,500 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $15,000 /YR $1,250 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 96 | 2,550 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2205-2219 S US Highway 23 - 1st Floor - Ste 106
• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
- Central Air Conditioning
2205-2219 S US Highway 23 - 1st Floor - Ste 112
• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 12 People
- Central Air Conditioning
- Located in-line with other retail
2205-2219 S US Highway 23 - 1st Floor - Ste 132
• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 12 People
- Can be combined with additional space(s) for up to 5,105 SF of adjacent space
- Central Air Conditioning
2205-2219 S US Highway 23 - 1st Floor - Ste 134
• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.
- Lease rate does not include utilities, property expenses or building services
- Fits 22 - 68 People
- Can be combined with additional space(s) for up to 5,105 SF of adjacent space
- Central Air Conditioning
2205-2219 S US Highway 23 - 1st Floor - Ste 146
- Lease rate does not include utilities, property expenses or building services
2205-2219 S US Highway 23 - 1st Floor - Ste 150
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
2205-2219 S US Highway 23 - 1st Floor - Ste 2211
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 5 - 15 People
2205-2219 S US Highway 23 - 1st Floor - Ste 2215
• Thunder Bay Shopping Center is located on US Highway 23 and Ripley Blvd. at a traffic controlled intersection. • The site is strategically located across the street from the Alpena Mall. • Opportunity to lease small shop space, mid-box and anchor space. • Alpena is county seat in Alpena County. • Large parking field with pylon signage available. • Aggressive lease terms.
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 12 People
- Central Air Conditioning
- Located in-line with other retail
2205-2219 S US Highway 23 - 1st Floor - Ste 96
former Bookstore
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap 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 THUNDER BAY SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alpena Driving School LLC
- Educational Services
- -
- -
- Flowerland Designs
- Florist
- 1
- Local
- Ollie's Bargain Outlet
- Dollar/Variety/Thrift
- 803
- National
- Starlite Bay Café
- Accommodation and Food Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alpena Driving School LLC | Educational Services | - | - |
| Flowerland Designs | Florist | 1 | Local |
| Ollie's Bargain Outlet | Dollar/Variety/Thrift | 803 | National |
| Starlite Bay Café | Accommodation and Food Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 40,843 SF | Center Properties | 1 |
| Min. Divisible | 900 SF | Frontage | 710’ on US-23 |
| Max. Contiguous | 5,105 SF | Gross Leasable Area | 90,979 SF |
| Center Type | Neighborhood Center | Total Land Area | 7.85 AC |
| Parking | 435 Spaces | Year Built | 1977 |
| Stores | 19 |
| Total Space Available | 40,843 SF |
| Min. Divisible | 900 SF |
| Max. Contiguous | 5,105 SF |
| Center Type | Neighborhood Center |
| Parking | 435 Spaces |
| Stores | 19 |
| Center Properties | 1 |
| Frontage | 710’ on US-23 |
| Gross Leasable Area | 90,979 SF |
| Total Land Area | 7.85 AC |
| Year Built | 1977 |
ABOUT THE PROPERTY
Thunder Bay Shopping Center is an approximately 92,000-square-foot neighborhood center showcasing the historical features of Alpena, Michigan. The City of Alpena overlooks Lake Huron’s picturesque Thunder Bay, which many locals and visitors continuously enjoy. Thunder Bay offers a variety of unique retailers to the public and is proud to welcome a new anchor, Ollie's Bargain Outlet, NOW OPEN!! The new anchor leaves a valuable 14,976-square-foot end-cap suite and a 12,562-square-foot space, both of which would be perfect spots for junior anchors. Commercial suites at this center are available to rent for anything from traditional retail storefronts and restaurants to offices to medical or other professional service providers. Ownership is eager to work with tenants to offer aggressive rates and creative deals. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms while also being sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Call today to find the right location for your business as Woodcrest usually has multiple retail opportunities in the immediate area!
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Thunder Bay Shopping Center | 2205 US Highway 23 S
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