Crossroads Plaza

3303 W Washington Ave, Alpena, MI 49707

  • For Sale Contact Broker
  • Property Type Retail - Strip
  • Property Size 44,500 SF
  • Lot Size 4.28 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Dec 15, 2023
3303 W Washington Ave±44,500 SF hard corner retail center shadow anchored by Walmart, Home Depot, and Meijer Located in the heart of Alpena’s retail corridor; serving as a commercial hub for Alpena and surrounding communities, providing ample consumer traffic Unknown opportunity for national and regional retailers; property has never been actively listed (sale or lease); never listed for lease on CoStar/LoopNet/CREXI/etc. Tremendous value-add component through lease up of existing ±14,146 SF and converting gross leases to NNN Adjacent to the recently developed Northland Area Federal Credit Union with corporate offices NOI ±$360,510 at ±67% occupancy

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Highlights

  • ±44,500 SF hard corner retail center shadow anchored by Walmart, Home Depot, and Meijer
  • Located in the heart of Alpena’s retail corridor; serving as a commercial hub for Alpena and surrounding communities, providing ample consumer traffic
  • Unknown opportunity for national and regional retailers; property has never been actively listed (sale or lease); never listed for lease on CoStar/LoopNet/CREXI/etc.
  • Tremendous value-add component through lease up of existing ±14,146 SF and converting gross leases to NNN
  • Adjacent to the recently developed Northland Area Federal Credit Union with corporate offices
  • NOI ±$360,510 at ±67% occupancy

Contacts

broker

Josh Miller

Friedman Real Estate

(248) 324-2000

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent

  • Bike Score ®

    74/100 Very Bikeable
Powered by Walk Score ®
  • City Alpena, MI
  • Neighborhood Alpena
  • Zip Code 49707

Points of Interest

  • Meijer

    0.18 miles

  • Murphy USA

    0.27 miles

  • Admiral

    0.92 miles

  • Marathon

    1.44 miles

  • Citgo

    1.99 miles

  • North Eastern State Trail Staging Area

    2.21 miles

  • Culver's

    0.11 miles

  • McDonald's

    0.41 miles

  • Big Boy

    1.32 miles

  • Grand China Buffet

    1.43 miles

  • Arby's

    1.44 miles

  • McDonald's

    1.46 miles

  • McDonald's

    1.50 miles

  • Taco Bell

    1.50 miles

  • Pizza Hut

    1.50 miles

  • The Court Yard

    1.51 miles

  • Walmart Supercenter

    0.27 miles

  • Meijer

    0.28 miles

  • Alpena Mall

    1.35 miles

  • Gordon Food Service

    1.40 miles

  • Thunder Bay Shopping Center

    1.51 miles

  • Neimans Family Market

    1.54 miles

Frequently Asked Questions

What is the total square footage of Crossroads Plaza?

Crossroads Plaza totals 44,500 square feet.

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Contact Listing Broker

broker

Josh Miller

Friedman Real Estate

(248) 324-2000