www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31593700
31593687

3620-3640 Miller Road, Flint, MI 48507

EB
MI 6501412484
Mid-America Real Estate - Michigan, Inc.
AB
MI 6​5​0​1​4​4​9​4​9​4
Mid-America Real Estate - Michigan, Inc.
Listed by Mid-America Real Estate - Michigan, Inc.
$3,650,000
282 days on market
Updated 58 days ago

Buick City Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 50,100
Cap Rate 9.12%
NOI $332,954
Occupancy 78%
Tenancy Multi
Brand/Tenant Guitar Center, Ross Education (+1)
Lease Type NNN
Price per SqFt $76
Year Built 2004
Acreage 8.580
Zoning C-2

Retail | 9.12% CAP | 50,100 SqFt

Marketing description

Mid-America Real Estate – Michigan is pleased to present the opportunity to acquire a 50,100-square-foot, value-add shopping center in Flint, Michigan. Currently 78% occupied, the center offers a strong mix of tenants and is strategically positioned along Miller Road, the market’s primary retail corridor, just west of the I-75 entrance and exit ramp. Tenants include Guitar Center, Epic Gymnastics, Ross Education, and one available space. Anchored by Best Buy and Dunham’s, the site benefits from excellent retail synergy that supports tenant attraction and retention. The Flint market is highly populated, with over 120,000 residents within a 5-mile radius and more than 30,000 vehicles passing daily along Miller Road.

Value-Add Opportunity | Lease-Up Upside: The property presents a compelling value-add opportunity with approximately 22% of GLA currently vacant, offering an investor the ability to drive immediate NOI growth through strategic lease-up. At stabilization, the incremental rent from vacant space translates directly to meaningful cap rate compression and asset appreciation.

Well Positioned on a Busy Retail Corridor: The Miller Road corridor is the prime regional retail trade area of Genesee County. The corridor is home to many national tenants including Target, Best Buy, Dunham’s, Barnes & Noble, DSW, Petsmart, Old Navy, Hobby Lobby, Ashley Furniture Store + Outlet, Planet Fitness, Burlington, Ross, and many more. It also features many national restaurant chains such as Texas Roadhouse, Red Robin, Olive Garden, Famous Dave’s BBQ, and Applebee’s; as well as any fast feeders including Chick-fil-A, Starbucks, Culver’s, McAlister’s Deli, Chipotle, and Panda Express among others.

Ease of Access: The subject property has great access from Miller Road and Lennon Road, with a combined five points of access. Miller Road is anchored by the I-75 and I-69 interchange, which provides a regional draw from all over Genesee County. Situated directly on Miller Road, the property is less than 4 miles from the heart of downtown Flint. In addition to easy highway access, the subject property is in close proximity to the Bishop International Airport, which has over 500,000 annual passengers.

General Motors Flint: The subject property is situated in close proximity to the General Motors Flint Assembly Plant and Flint Metal Center. The GM Flint Assembly Plant currently employs over 5,000 people and is undergoing a $788 million investment to enhance its production capabilities for future generation. GM is also investing $233 million into the Flint Metal Center

Investment highlights

  • Parking: Surface lot
  • Ownership Type: Fee Simple
  • Value Add Opportunity: The 11,161 SF vacancy provides room for a future owner to increase NOI through leasing the vacant space.
  • Great Retail Synergy: Miller Road is the dominant corridor of the Flint Market, making it possible to land a national tenant to backfill the remaining vacancy or any future vacancy
  • Co-Tenant’s Strength: In addition to the strong tenant lineup at the subject property, the overall site includes other national retailers such as Best Buy, Dunham’s and Office Depot.

Listing Contacts

EB
MI 6501412484
Mid-America Real Estate - Michigan, Inc.
AB
MI 6​5​0​1​4​4​9​4​9​4
Mid-America Real Estate - Michigan, Inc.
Listed by Mid-America Real Estate - Michigan, Inc.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$332,954.00
$27,746.17/mo

Valuation Metrics

0
DSCR
9.12%
Cap Rate
9.12%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Eric Birnholtz
License
6501412484
Name
Andrew Bell
License
6​5​0​1​4​4​9​4​9​4
Brokerage
Mid America Real Estate
Brokerage Phone
2488556800
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591