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

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

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
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557