102K SF Former KMART Excellent Redevelopment Opportunity | I-75 Access
High Traffic Counts
Marketing description
Tour available Friday, May 3rd from 10-12pm | Please RSVP to Alex Bieri at alex@sbre1.com
For registration requirements and regulations, please review here or Audrey Hanna | 989-277-5400 | [email protected].
Property tours are available by appointment only. Please contact the listing broker to schedule a tour.
Former Kmart Vacant Big Box Redevelopment in Clio, MI is an incredible opportunity for your next business venture. With its prime location at 4290 W Vienna Rd, this 1-story property boasts a generous 102,685 SF of space, offering immediate occupancy for your convenience. Situated at the NEQ of Vienna and I-75, this former Kmart benefits from excellent visibility, including a large pylon sign. The trade area features major retailers like Walmart and Menards, as well as Tractor Supply, making it a high-traffic destination with a total gross leasable retail area of almost 1 million square feet. Whether you're looking to lease to a single user or split the space into multiple units, this property offers flexibility and potential for your business needs. With a total of 548 parking spaces and impressive traffic counts of 14,858 VPD on M-57 and 69,313 VPD on I-75, the opportunity for success is immense. Don't miss out on this incredible chance to establish your business in a thriving retail market!
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
$10,000 Participation Deposit
Close of Escrow: May 29, 2024
4290 W Vienna Rd, Clio, MI 48420
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Investment highlights
1 Story
12.68 Acres
Built in 1999
548 Parking Spaces
102,685 SF Building
Listing Contacts
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