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Rite Aid 309 N Main St 11,440 SF of Retail Space Available in Frankenmuth, MI 48734
Highlights
- 11,440 SF freestanding retail property on North Main Street
- Features a drive-thru and partial interior build-out
- Accessible design with central HVAC and modern building systems
- Prominent monument signage with strong visibility
- Parking ratio of 2.62/1,000 SF with on-site spaces available
- Located along Frankenmuth’s busiest retail corridor with steady year-round tourist traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,440 SF | 10 Years | $16.00 /SF/YR $1.33 /SF/MO $183,040 /YR $15,253 /MO | Triple Net (NNN) |
1st Floor
Contact listing agent via phone or email for more information.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Drive Thru
- Smoke Detector
- Wheelchair Accessible
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.
Property Facts
| Total Space Available | 11,440 SF | Gross Leasable Area | 11,440 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 2.62/1,000 SF |
| Total Space Available | 11,440 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,440 SF |
| Year Built | 1998 |
| Parking Ratio | 2.62/1,000 SF |
About the Property
309 North Main Street presents an exceptional retail leasing opportunity in downtown Frankenmuth—one of Michigan’s most visited destinations known for its Bavarian-style architecture and vibrant tourism economy. This 11,440-square-foot freestanding building is positioned along North Main Street, offering outstanding visibility amid a dynamic mix of retail and hospitality businesses. The property includes monument signage, a drive-thru, and a partially built-out interior ideal for retail or food-oriented concepts. Tenants will benefit from ample on-site parking with a ratio of 2.62 spaces per 1,000 square feet and fully installed HVAC for comfort. The building provides an adaptable layout suited for various retail uses and accommodates accessibility features to enhance customer experience. Located in the heart of Frankenmuth’s commercial corridor, the property is within walking distance of major attractions, hotels, and dining venues, ensuring continuous foot traffic from local patrons and visitors alike. Positioned less than two miles from M-83 and with convenient access to I-75, the site offers connectivity across the Saginaw metro area. Its combination of size, utilities, visibility, and location makes it a strong candidate for retailers seeking exposure in a high-demand destination market.
- Signage
- Monument Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contact the Leasing Agent
Rite Aid | 309 N Main St