Adrian Plaza

2070 E. US-223

Adrian, MI 49221

Highlights:

• Low Price Point Deal!: 100% Occupied, NNN Service-Oriented Center Shadow Anchored by Corporately Owned Kohl's

• Bonus Income: ProMedica Repaying TI Through End of Their Term at $1,041/Month (Not Included in Proforma NOI)

• Extension in Process & New Lease: 5-Yr Extension from Sally Beauty in Process and a Brand New Corporate 3-Yr Lease from Dave's Cosmic Subs (Executed at Closing)

• Ease of Management: Only Three Tenants and Ideal NNN Leases (Including Management and Admin. Reimbursements)

• High-Traffic Draw: Conveniently Located ~2 Miles Away from Both Adrian College, with Approximately 1,800+ Students, and Jackson College's Lenawee Campus, with Approximately 7,800+ Students, Supporting the Area's Higher-Education and Workforce Infrastructure 

• Major Healthcare Presence: Located Near ProMedica Charles and Virginia Hickman Hospital, a 200,000+ SF Regional Medical Facility Featuring 50 Inpatient and Critical-Care Beds, Four Operating Rooms, and 27 Emergency Rooms



• Vacant Outlot (1.30 Acres): Can be Included with the Center. Please Reach out to Broker for More Details

• Strategic Positioning: Located Along US-223 Within Adrian's Established Retail Corridor Creating Strong Retail Synergy While Surrounded by National Retailers Including Kohl's, Walmart, Meijer, Lowe's, Marshall's, Hobby Lobby, Ollie's Bargain Outlet, and Numerous Restaurants and Service Providers

• Significant Manufacturing & Commercial Investment: Adrian Steel Company's $43.4 Million Expansion & 112,000 S.F. Facility Addition is Expected to Create at Least 40 New Jobs

• Growing Technology & Manufacturing Base: Recent Investments Include PlaneWave's $9.4 Million Adrian Headquarters Development and Creation of 54+ New Jobs, Alongside Continued Expansion Across the Local Industrial Sector

• Established Population Base: Adrian Serves as the Lenawee County Seat Within a County of Approximately 98,000 Residents, Providing Access to an Established Regional Trade Area Throughout Lenawee County and Surrounding Southeast Michigan and Northwest Ohio

Exclusively Listed By:

Bob Havasi

(216) 562-1981 x10

bhavasi@coopergrp.com

Dan Cooper

(216) 562-1981 x12

dcooper@coopergrp.com

*In Cooperation with Licensed MI Broker

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