1101-1249 Grand River Avenue

Mid-America Real Estate - Michigan, Inc. has been retained on behalf of the owner to sell the 100% fee simple interest in Howell Promenade shopping center, which is being offered free and clear. This offering presents investors with the opportunity to acquire a Dollar Tree and Planet Fitness anchored shopping center in the affluent suburb of Howell, Michigan.

National Tenant Anchored Shopping Center

• Anchored by Dollar Tree and Planet Fitness providing multiple anchors driving traffic to the center. According to Placer.ai, the Dollar Tree is ranked #182 out of 299 locations in Michigan; the Planet Fitness is currently ranked #19 out of 81 locations in Michigan. Genesis House is operated and guaranteed by Livingston County, that holds an AAA bond rating from Moody’s.

Stable Income Stream

• Approximately 40% of the base rent is from tenants operating in Howell Promenade for more than 10 years including Golden House (1986), Smoker’s Depot (1995), Auto XL Driving School (2004), Mid-Michigan Ambulatory Physicians (2006), Cottage Inn Pizza (2014), Barking Lot (2014), and Planet Fitness (2014). Dough Creations, Mom’s Basement, Golden House and Love Inc. recently extended their leases, showing their commitment to the property.

Recent Capital Improvements

• In the last 5 years, the roof has been replaced above Dollar Tree (2019), Twist & Shout Coin Laundry, Shaka Cafe/Empowered Dance Studio (2021), Amazing Pools (2021), Genesis House/Planet Fitness (2022), and Hair Crew (2025). The front parking lot was replaced 2018 and the back parking lot was replaced in 2023.

Value Add Opportunity

• 2 vacant parcels are included in the sale. Approximately 1 acre available on the west side of the property and approximately 2 acres available on the southwest corner of the property that fronts along both National Street and Washington Street. The parcels are excellent opportunities for self-storage or flex-space. Three of the tenants are on gross leases with no options remaining providing an opportunity to convert to NNN.

Motorsports Gateway

• Howell Promenade is 1 mile away from Motorsports Gateway Howell, a 273-acre automotive district that offers track-fronting luxury car condos and an internationally developed 2.5-mile racetrack. The entrance to Motorsports Gateway is off Lucy Road, which will start bringing substantially more traffic to and from Howell Promenade.