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1590-1850 Anderson Rd Petoskey, MI 49770

High-traffic retail center, fully leased.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
Bear Creek Plaza presents a unique opportunity for investors seeking a stable, high-performing retail property. This fully leased, 311,933 square foot strip center is strategically located at the intersection of Anderson Road and Lears Road in Emmet County, benefiting from exceptional visibility and accessibility. The center boasts a strong tenant mix, anchored by a Walmart Supercenter and complemented by national retailers such as OfficeMax, Home Depot, JoAnn Fabrics, and Marshalls. This ensures consistent cash flow and minimizes vacancy risk. The property underwent renovations in 2009, maintaining its modern appeal and functionality. The surrounding area demonstrates strong demographics, with an average household income within a three-mile radius exceeding $68,193, indicating a robust consumer base. This prime location, coupled with the impressive tenant lineup and proven performance, makes Bear Creek Plaza an exceptional investment opportunity in a thriving retail market. The property is currently fully occupied, offering immediate return on investment. This is a rare chance to acquire a well-established, high-performing retail center in a desirable location.

Highlights

  • Retail strip center totaling 311,933 square feet.
  • Fully occupied (0 vacant square feet).
  • Renovated in 2009.
  • Anchored by Walmart Supercenter and includes national tenants such as OfficeMax, Home Depot, JoAnn Fabrics, and Marshalls.
  • Located at the intersection of Anderson Road and Lears Road in Emmet County.
  • Average household income within a three-mile radius is $68,193.

Property Details for 1590-1850 Anderson Rd

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
311,933 SF
Year Renovated
2009

Unit(s) available at that property

Space
ATM
Size
0 SF

Location Insight

City
Petoskey
County
Emmet
State
Michigan
Latitude
45.3523642
Longitude
-84.9730718

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FAQs

What type of property is this?
Neighborhood center - High-traffic retail center, fully leased.
Where is the neighborhood center located?
The property is located at 1590-1850 Anderson Rd Petoskey, MI.
What are key features of this property?
This property features: Retail strip center totaling 311,933 square feet.; Fully occupied (0 vacant square feet).; Renovated in 2009.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Scott Faloni
Visit Broker Website

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Useful Information

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Anderson Rd
Petoskey, MI 49770

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Anderson Rd
Petoskey, MI 49770

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1590-1850 Anderson Rd
  • Scott Faloni
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