Thunder Bay

For Lease

2205 US-23 S, Alpena, MI 49707

You can currently find 9 retail space(s) available for lease at Thunder Bay. Designated use type for space listed here includes retail and flex space. Current retail listings at this property total 40,393 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Thunder Bay.

Space Available For Lease 9

Contacts

broker
Chase Parten

Woodcrest Capital

broker
Taylor Marks

Woodcrest Capital

Director of Brokerage

Property Details

  • Property Type Retail - Neighborhood Center
  • Property Size 90,979 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Jul 16, 2025

Thunder Bay Shopping Center is an approximately 92,000-square-foot neighborhood center showcasing the historical features of Alpena, Michigan. The City of Alpena overlooks Lake Huron’s picturesque Thunder Bay, which many locals and visitors continuously enjoy. Thunder Bay offers a variety of unique retailers to the public and is proud to welcome a new anchor, Ollie's Bargain Outlet, NOW OPEN!! The new anchor leaves a valuable 14,976-square-foot end-cap suite and a 12,562-square-foot space, both of which would be perfect spots for junior anchors.

Commercial suites at this center are available to rent for anything from traditional retail storefronts and restaurants to offices to medical or other professional service providers. Ownership is eager to work with tenants to offer aggressive rates and creative deals. 

Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms while also being sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Call today to find the right location for your business as Woodcrest usually has multiple retail opportunities in the immediate area!

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Attachments

Getting around

  • 64/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Alpena, MI
  • Zip Code 49707

Points of Interest

  • Shell

    0.47 miles

  • Marathon

    1.17 miles

  • Meijer

    1.56 miles

  • Sunoco

    2.18 miles

  • Corner depot / Shell gas station

    2.53 miles

  • Seymour's Long Lake

    9.32 miles

  • BP

    9.41 miles

  • Public Parking Lot 14

    1.46 miles

  • Handicap Parking

    1.47 miles

  • Public Parking Lot 6

    1.48 miles

  • Employee Parking

    1.51 miles

  • Public Parking Lot 5

    1.52 miles

  • Public Parking Lot 7

    1.52 miles

  • Public Parking Lot 12

    1.54 miles

  • Public Parking Lot 8

    1.56 miles

  • Public Parking Lot 2

    1.61 miles

  • Public Parking Lot 11A

    1.61 miles

  • Taco Bell

    0.05 miles

  • Pizza Hut

    0.07 miles

  • The Burger Shack

    0.09 miles

  • McDonald's

    0.17 miles

  • Cops and Donuts Substation

    0.18 miles

  • Jimmy John's

    0.19 miles

  • Arby's

    0.20 miles

  • Grand China Buffet

    0.23 miles

  • Big Boy

    0.24 miles

  • Court Yard Ristorante & Olde Roost Lounge

    0.26 miles

  • Alpena Mall

    0.31 miles

  • Gordon Food Service

    0.33 miles

  • Big Lots

    1.00 miles

  • Meijer

    1.47 miles

  • Save-A-Lot

    1.54 miles

  • Walmart Supercenter

    1.76 miles

  • The Nostalgia Factory

    2.06 miles

  • Perch's IGA

    2.81 miles

  • Male's Grocery

    8.96 miles

  • Long Lake Supermarket

    9.72 miles

2205 US-23 S Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Thunder Bay asks $8.75/SF/YR per square foot.

  • The property includes 38,893 square feet of retail space for lease. Of this total, 38,893 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Thunder Bay
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