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Shoppers Lane Center 806-812 Shoppers Ln 29,825 SF Retail Building Kalamazoo, MI 49004 $1,999,999 ($67.06/SF)

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EXECUTIVE SUMMARY

Center Overview
- 29,825 SF value-add retail center for sale/lease
- Located in Parchment, MI, just north of Kalamazoo
- Surrounded by many national and local retailers/restaurants
- 111,000+ residents within a 5-mile radius
Tenant & Property Details
- 18,402 SF operating grocery store – DO NOT DISTURB TENANT
- Grocery store will vacate upon sale/lease
- Owner added ˜1,000 SF to grocery store (not reflected in current square footage)
- Dollar Tree expanded by 4,273 SF in 2023 and extended their lease for 10 years, adding (5) 5-year renewal options
Investment Opportunity
- Prime value-add opportunity for an owner/user

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,825 SF
Building Class
C
Year Built
1960
Price
$1,999,999
Price Per SF
$67.06
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.37 AC
Zoning
C-3, General Business
Frontage
260’ on Riverview Dr

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 806
  • 18,402 SF
  • Retail
  • In-Line
  • Now

Tenant & Property Details - 18,402 SF operating grocery store – DO NOT DISTURB TENANT - Grocery store will vacate upon sale/lease - Owner added ˜1,000 SF to grocery store (not reflected in current square footage) Center Overview - 29,825 SF retail center - Located in Parchment, MI, just north of Kalamazoo

Space Size Space Use Position Available
806 18,402 SF Retail In-Line Now

806

Size
18,402 SF
Space Use
Retail
Position
In-Line
Available
Now

806

Size 18,402 SF
Space Use Retail
Position In-Line
Available Now

Tenant & Property Details - 18,402 SF operating grocery store – DO NOT DISTURB TENANT - Grocery store will vacate upon sale/lease - Owner added ˜1,000 SF to grocery store (not reflected in current square footage) Center Overview - 29,825 SF retail center - Located in Parchment, MI, just north of Kalamazoo

NEARBY MAJOR RETAILERS

Biggby Coffee
Harding's Friendly Markets
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03-490-211
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$492,600
  • Listing ID: 35292591

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 806-812 Shoppers Ln, Kalamazoo, MI 49004

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