Jo-Ann Store - Portage, MI

Situated on a 5.98 acre shopping center known as Toys R Us Plaza which is co-anchored by Toys R Us and Chuck E. Cheese. The site is also home to Chili's (out pad). The subject site occupies 2.298 acres of the Plaza.

The area serves as the region's destination retail. Other national retailers in the immediate area include: Verizon, Kohl's, TJMaxx, Office Max, Petco, Barnes & Nobles, Pizza Hut, Menards, the Crossroads Mall which is anchored by JC Penney, Burlington Coat Factory, IMAX Theatres, Sears and Macy's. David's Bridal, Old Navy, Bed, Bath & Beyond, Petco, babies R Us, Taco Bell, Home Depot, Applebee's, Target, Best Buy, Sam's Club, Red Lobster, Michael's and Dick's Sporting Goods are all in the immediate area.

Crossroads Mall is home to over 100+ national and regional vendors including: Aldo, Banana Republic, American Eagle, Chico's, Limited, Eddie Bauer, Express, Hollister, Payless Shoes and Victoria Secret just to name a few. It is also the only enclosed regional center for 45-miles.

Additional Info

  • Address: : 6175 South Westnedge, Portage, MI 49002
  • Price: : $2,457,000
  • Net Rentable Area: : 20,016
  • Lot Size (Acres): : 2.298
  • CAP Rate: : 6.71%
  • Price Per Sqft: : $124.90
  • NOI: : $165,000
  • Year Built: : 2015
  • Status: : Available

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"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
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Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Phone: 818.907.9525
Fax: 818.907.8557