Miller Plaza — Sale in Flint, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Flint, MI 48507
  • Year built: 1969

Photos

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Investment Figures

Cap rate
8.07%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire Miller Plaza, a 46,907 square foot neighborhood shopping center located at 4317-4337 Miller Road in Flint, Michigan. Situated on approximately 5.39 acres, the Property occupies a highly visible position along Miller Road, one of Genesee County’s premier retail corridors. The site benefits from a combined traffic count of approximately 33,958 vehicles per day along Miller Road and South Linden Road. The Property also features ample surface parking, multiple points of ingress and egress, prominent pylon signage, and recent capital improvements, including new roof sections completed in 2022 and 2023, reducing near term capital expenditure requirements for future ownership. Miller Plaza is 89.3% occupied by a complementary mix of destination retail, family entertainment, and healthcare service tenants, including Chuck E. Cheese, Harbor Freight Tools, and Optical Management. Chuck E. Cheese, the property’s largest tenant occupying 18,907 square feet (40.3% of the gross leasable area), has executed a new 10 year lease commencing December 1, 2026, with four, five year renewal options, providing stable long term cash flow. Harbor Freight continues to serve as a strong traffic generator, with its Flint location ranking in the top 44% of stores nationwide and the top 35% in Michigan, per Placer.ai data. A 5,010 square foot vacancy provides immediate value add potential through future lease up, while the combination of long term tenancy, proven retail performance, and healthcare oriented users provides durable in place income. Miller Plaza is positioned within one of Mid Michigan’s premier retail corridors, supported by approximately 33.5 million square feet of retail inventory within a five mile radius. The surrounding trade area features a strong concentration of national retailers, restaurants, hotels, and service providers, reinforcing the corridor’s position as one of Genesee County’s dominant s

Market Context

This retail in Flint, MI is listed for sale. It is offered at an approximate 8.1% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1969. Compare it against other retail listings for sale in Flint, MI — view the full market.

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