Owen Rd

Owen Rd, Fenton, MI 48430

  • For Sale $3,915,000
  • Property Type Retail - Street Retail
  • Property Size 20,664 SF
  • Units 1
  • Lot Size 3.67 Acre
  • Property Tenancy Single Tenant
  • Year Built 2024
  • Date Updated Dec 15, 2023
The Property features street frontage along Owen Road, accessible via a shared access drive with Target retailer ensuring frequent visitation and ease of access by an average 37,990 vehicles per day. The Property offers immediate access to US-23, which supports 70,600+ VPD at the nearest intersection. Fenton, Michigan is a city in Genesee County located in southeastern Michigan about 58 miles north of Detroit and 39 miles northwest of Ann Arbor. As of the 2020 Census, the population was 406,211, making it the fifth-most populous county in Michigan. The county seat and population center is Flint. Genesee County is considered to be a part of the greater Mid Michigan area.Aldi grocery store located at 3235 Owen Road Fenton, MI. Newly executed 20-year ground lease by Aldi, Inc. and comprises of a newly- constructed 20,664 square foot "build-to-suit" grocery store. The Property is positioned with direct frontage to Owen Road (37,990+VPD) and features direct access from US 23, which supports 90,912+ VPD. The surrounding area contains a dense, affluent customer base of 45,625 residents earning an average household income of $126,958 annually. The Offering comprises of a rare opportunity to acquire this newly-constructed grocery store with a long-term lease in this highly desirable, Metro-Detroit area.

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Highlights

  • Best-in-Class Tenancy | Aldi, Inc.
  • Brand New Lease | 20-Year Term
  • Zero Landlord Responsibility
  • Scheduled Rent Increases
  • New Construction
  • Located in Affluent Area
  • Prime Visibility & Connectivity | 37,990+VPD on Owen Road

Contacts

broker

Matthew Berke

Keystone Commercial Real Estate

(248) 356-8000

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fenton, MI
  • Zip Code 48430
  • Market Detroit

Points of Interest

  • Speedway

    0.06 miles

  • BP

    0.08 miles

  • Sunoco

    0.15 miles

  • Speedway

    0.16 miles

  • VG's Quick Stop

    0.32 miles

  • BP

    1.02 miles

  • Sunoco

    1.21 miles

  • Marathon

    1.57 miles

  • Clark

    1.82 miles

  • Marathon

    2.30 miles

  • truck parking

    3.17 miles

  • car parking

    3.19 miles

  • Mt. Holly Main Parking

    9.29 miles

  • Mt. Holly Overflow Parking 1

    9.34 miles

  • Mt. Holly Overflow Parking 2

    9.36 miles

  • bus parking

    9.44 miles

  • bus parking

    9.70 miles

  • Mega Coney Island

    0.06 miles

  • Arby's

    0.08 miles

  • Taco Bell

    0.11 miles

  • Bostons Gourmet Pizza

    0.13 miles

  • McDonald's

    0.15 miles

  • Culver's

    0.19 miles

  • Burger King

    0.22 miles

  • KFC

    0.25 miles

  • Panera Bread

    0.26 miles

  • Applebee's

    0.27 miles

  • Target

    0.19 miles

  • VG's Supermarket

    0.25 miles

  • Silver Pointe Shopping Center

    0.35 miles

  • Walmart Supercenter

    0.38 miles

  • VG's

    2.36 miles

  • Alpine Marketplace

    3.10 miles

  • Holly Foods Supermarket

    5.77 miles

Frequently Asked Questions

What is the lease rate for Owen Rd?

Rental asking rate at Owen Rd is $1,957,500.00/YR.

What is the total square footage of Owen Rd?

Owen Rd totals 20,664 square feet.

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Contact Listing Broker

broker

Matthew Berke

Keystone Commercial Real Estate

(248) 356-8000