Walmart Outparcel - 100% Occupied Retail Center

For Sale

3295 Henry St, Muskegon, MI 49441

This Muskegon property for sale is located at 3295 Henry St. The current listed sale price for Walmart Outparcel - 100% Occupied Retail Center is $3,652,000. Walmart Outparcel - 100% Occupied Retail Center is situated on a lot that is 1.41 acre in size.

Contacts

Deno Bistolarides

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,895 SF
  • Units 6
  • Lot Size 1.41 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2008
  • Date Updated May 29, 2026
The property is strategically located at 3295 Henry Street in Muskegon, Michigan, one of the primary retail corridors serving the broader West Michigan region. Henry Street is widely recognized as one of the most dominant commercial corridors in Muskegon and one of the strongest retail trade areas along the lakeshore region of West Michigan. The corridor benefits from strong daily traffic counts, excellent visibility, dense surrounding residential neighborhoods, and a significant concentration of national retailers and regional traffic drivers. The property itself is positioned as a Walmart Supercenter outparcel, with Meijer located directly across the street, creating an exceptionally strong retail node driven by two of the largest national grocery and general merchandise anchors in the country. The immediate area features a strong lineup of national tenants and retailers, including PNC Bank, Chipotle, Aldi, Home Depot, Walgreens, Gordon Food Service, AutoZone, Firestone, and numerous additional national, regional, and local retailers that reinforce the long-term strength of the corridor. The site also benefits from immediate proximity to US-31 (Seaway Drive), providing excellent regional accessibility and strong connectivity throughout Muskegon County and the broader West Michigan market. The area serves as a major retail destination for both local residents and surrounding communities, generating consistent consumer traffic patterns throughout the year. Muskegon itself continues to evolve as a growing lakeshore community with expanding economic investment, tourism, healthcare, manufacturing, and distribution sectors. The city benefits from its strategic location along Lake Michigan and has seen continued public and private investment throughout recent years, including downtown redevelopment initiatives, waterfront improvements, residential development, and infrastructure investment. The broader Muskegon market is supported by a diverse economic base that includes healthcare, manufacturing, logistics, tourism, and industrial employment drivers. Additionally, West Michigan as a whole remains one of the stronger performing regions in the state, benefiting from stable population trends, strong regional employers, and continued commercial growth. Overall, the property’s location along Henry Street within a dominant retail corridor, combined with surrounding national tenancy, strong traffic exposure, proximity to major transportation routes, and position within the growing West Michigan market, creates a highly desirable retail location with long-term stability and strong underlying real estate fundamentals..
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Highlights

  • 11,895 SF, 100% occupied multi-tenant retail center constructed in 2008 and situated on 1.41 acres
  • Attractive combination of durable retail fundamentals, national tenancy, strong surrounding retail synergy, and long-term real estate positioning within an established West Michigan market
  • Biggby Coffee occupies a highly desirable drive-thru equipped end cap location, creating long-term operational value and strong future backfill optionality for a wide variety of food, beverage, and service-oriented tenants
  • Excellent access to major thoroughfares including US-31 (Seaway Drive), providing strong regional connectivity throughout West Michigan
  • Excellent visibility and frontage along heavily traveled Henry Street with strong daily traffic counts and outstanding accessibility
  • High-image retail center featuring a strong mix of national and service-oriented tenants including AT&T, Biggby Coffee, America’s Best Contacts & Eyeglasses, Sport Clips, and Asian Express
  • Located directly across the street from Meijer Supercenter and surrounded by national retailers including Walmart, Meijer, McDonald’s, Tim Hortons, GameStop, Great Clips, PNC Bank, Domino’s Pizza, Aldi, Home Depot, Taco Bell, Subway, Burger King, and Chili’s
  • Majority of tenants operate under triple net lease structures with tenants reimbursing operating expenses, helping minimize landlord responsibilities and management intensity
  • Muskegon continues to benefit from ongoing economic investment, regional retail demand, tourism, and proximity to Lake Michigan, making the corridor a longstanding retail destination for both local residents and regional consumers
  • Passive investment profile with stable in-place tenancy, strong national brands, reimbursement structures, and limited day-to-day management responsibilities
  • Positioned in the heart of Muskegon’s primary retail trade area, serving a large and established residential population with strong surrounding rooftops and favorable area demographics
  • Staggered lease expiration schedule provides income stability while limiting rollover exposure in any single year
  • Walmart Supercenter outparcel strategically positioned within one of Muskegon’s strongest and most established retail corridors

Getting around

  • 73/100

    Walk Score ®

  • 52/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Muskegon, MI
  • Neighborhood Roosevelt Park
  • Zip Code 49441
  • Market Grand Rapids

Points of Interest

  • Port City Cab

    0.93 miles

  • BP

    0.10 miles

  • Mobil

    0.13 miles

  • Meijer

    0.17 miles

  • Speedway

    0.63 miles

  • Citgo

    0.88 miles

  • Wesco

    1.13 miles

  • S Mart

    1.30 miles

  • Marathon

    1.40 miles

  • Muskegon, MI Supercharger

    4.01 miles

  • Lake Harbor Park

    2.12 miles

  • Staging Area

    2.33 miles

  • Parking Garage

    3.05 miles

  • Walker Arena Parking

    3.17 miles

  • MDOT Park & Ride - Muskegon/Norton Shores

    3.34 miles

  • Musketawa Trail Fruitport Twp Trailhead Parking

    4.76 miles

  • Muskegon Lake Nature Preserve Parking

    5.04 miles

  • Fruitport Carpool Lot

    6.67 miles

  • Ferrysburg Nature Preserve

    7.09 miles

  • Boat Launch Parking

    7.31 miles

  • Asian Express

    0.01 miles

  • Domino's Pizza

    0.05 miles

  • Papa Murphy's

    0.06 miles

  • Jet's Pizza

    0.12 miles

  • Russ' Restaurant

    0.13 miles

  • Wendy's

    0.13 miles

  • McDonald's

    0.13 miles

  • Chipotle

    0.14 miles

  • Jimmy John's

    0.16 miles

  • Burger King

    0.16 miles

  • Walmart Supercenter

    0.13 miles

  • Park Row Mall

    0.15 miles

  • ALDI

    0.73 miles

  • Gordon Food Service

    0.85 miles

  • Save-A-Lot

    0.97 miles

  • Valy Vietnamese Oriental Food, Gifts & Market

    2.81 miles

  • Big Lots

    3.22 miles

  • Daily Deals Food Outlet

    3.27 miles

  • Ross

    3.28 miles

  • Target

    3.55 miles

Contact Listing Broker
Deno Bistolarides

Encore Real Estate Investment Services

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