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2260 Jolly Oak Rd 3,932 SF Retail Building Okemos, MI 48864 $1,189,000 ($302.39/SF)
Investment Highlights
- C-2 / Commercial zoning allows for a wide range of business uses
- Strong daily traffic counts support retail and service-oriented uses; 20,582 AADT on Okemos Road near Jolly Road & 27,682 AADT at Okemos Road & I-96 i
Executive Summary
Highly attractive retail/office building situated on 1.61 acres, offering exceptional visibility and flexibility for a variety of commercial uses.
Property Highlights
Expansion opportunity with capacity for 3,000 SF+ utilizing excess land and former drive-thru area
Existing drive-thru configuration suitable for restaurant conversion with patio expansion potential
Beautifully landscaped grounds creating strong curb appeal
On-site parking with a newly resurfaced parking lot (2025)
Location Advantages
Highly visible frontage along Okemos Road
Located within 0.5 miles of I-96, providing excellent regional connectivity
Positioned between major employers: Jackson National Life Insurance & Delta Dental Corporate Headquarters
Joint access drive off Jolly Oak for convenient ingress/egress
Ownership & Financial Notes
Opportunity for sale-leaseback or owner/user acquisition
Building financials available upon request
Condo association fees: approximately $3,800 quarterly
Covers exterior maintenance, including snow removal, lawn care, roof, and parking lot maintenance
Property Highlights
Expansion opportunity with capacity for 3,000 SF+ utilizing excess land and former drive-thru area
Existing drive-thru configuration suitable for restaurant conversion with patio expansion potential
Beautifully landscaped grounds creating strong curb appeal
On-site parking with a newly resurfaced parking lot (2025)
Location Advantages
Highly visible frontage along Okemos Road
Located within 0.5 miles of I-96, providing excellent regional connectivity
Positioned between major employers: Jackson National Life Insurance & Delta Dental Corporate Headquarters
Joint access drive off Jolly Oak for convenient ingress/egress
Ownership & Financial Notes
Opportunity for sale-leaseback or owner/user acquisition
Building financials available upon request
Condo association fees: approximately $3,800 quarterly
Covers exterior maintenance, including snow removal, lawn care, roof, and parking lot maintenance
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,932 SF
Building Class
A
Year Built/Renovated
1991/2021
Price
$1,189,000
Price Per SF
$302.39
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.60 AC
Zoning
C-2 - Commercial Zoned District
Parking
26 Spaces
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-02-33-376-016 | Improvements Assessment | $208,000 |
| Land Assessment | $162,500 | Total Assessment | $370,500 |
Property Taxes
Parcel Number
02-02-33-376-016
Land Assessment
$162,500
Improvements Assessment
$208,000
Total Assessment
$370,500
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2260 Jolly Oak Rd
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