6370 Dixie Hwy
Bridgeport, MI 48722
Bridgeport Village Square -Kroger Anchored · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to exclusively present the sale of Bridgeport Village Square located in Bridgeport Charter Township, Michigan. This Kroger-anchored shopping center is 72,716-square feet sitting on 9.11 acres of land. It is strategically situated with excellent frontage on highly trafficked Dixie Highway, just off the exit of Interstate 75 freeway. Interstate 75 is one of the busiest interstates in Michigan, where tourists and locals alike travel north and have access to Bridgeport Village Square daily. Kroger has been established at this plaza since 1988 and recently added a fuel site. Kroger recently extended their lease an additional 6 years w/ (5) 3-Year options, showing strong conviction for the site. Bridgeport Village Square offers investors excellent upside at over 22,000 square feet of vacancy with mostly smaller shop space. Kroger occupies nearly 38 percent and recently added a fuel station to the site. Kroger sales at this location have increased recently due to another store closing in a neighboring city, this has provided for a very low rent-to-sales ratio and in turn Kroger recently renewed its lease term. Recent tenants include a 6,449-square foot DaVita Dialysis signing a new 10-year lease and H&R Block expanding to 3,500 square feet with a new 5-year lease. The center also features nationally recognized Family Dollar which occupies the second largest space in the center at nearly 12 percent.