Retail Space For Lease @ 8053 Challis Rd

Brighton Town Square consists of nearly 337,000 SF across approximately 38.35 acres with 100% occupancy. The development consists of an excellent mix of retail and medical office with the more notable tenants including Home Depot, Staples, Party City, Key Bank, MJR Cinemas, Ross Medical, and the University of Michigan Health. Home Depot (33% of GLA at 111,892 SF), MJR Cinemas (24% at 79,886 SF) and University of Michigan Health (12% of GLA at 41,500 SF) anchor the portfolio drawing a great mix of visitors to Brighton Town Square. The anchor tenants have a long operating experience at the development with Home Depot commencing their lease in 1996 all while outperforming the surrounding trade area Home Depot locations by over 70,000 customer visits annually (top 50% store in the United States). The University of Michigan Health has been established at Brighton Town Square since 1998 and has even committed further to the site by adding an additional specialist site on the premises of the development to assist the medical center in this offering. Staples has operated at the site since 1997 and has continued its commitment to Brighton Town Square per its recent 10-year lease extension. This store outperforms other Staples in the regional trade area by more than 30,000 customer visits annually and also ranks in the top half of the chain nationally. MJR Cinema, a strong Michigan-operated theater group with 10 locations across the state, continues to perform well at the site from 1998 when their original lease commenced. MJR is currently in the process of upgrading this location with new top-of-line screens and seats to support its strong sales and meet the expected demand from moviegoers in the post-pandemic world. In addition to a powerful anchor lineup, Brighton Town Square also boasts a highly visible outlet strip center leased to Key Bank (commenced in 1998) which exercised its first option, and a second regional cannabis tenant, The Means Project. In addition to Michigan Health, Brighton Town Square offers additional recession-proof medical office tenants which include a freestanding Ross Medical (an operator in medical training) and a multi-tenant office building leased to multiple tenants all of which have a long operating history at the site. Ross Medical has training facilities in eight states totaling 43 locations, 19 of which are located in Michigan, bolstering the strength of tenancy at Brighton Town Square. This space offers accomodations for: street retail.