FOR LEASE CASCADE CROSSING 3 MILE RD (I-75 SPUR) & I-75, SAULT STE. MARIE, MI 49783 - Landmark Commercial Real Estate Services
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FOR LEASE FOR
CASCADE CROSSING LEASE
3 MILE RD (I-75 SPUR) & I-75, SAULT STE. MARIE, MI 49783
CONTACT US
MICHAEL R. LIPPITT KEVIN J. BAKER DANIEL H. KUKES 30500 Northwestern Hwy, Suite 200
Farmington Hills, MI 48334
Principal Principal Principal
mlippitt@landmarkcres.com kbaker@landmarkcres.com dkukes@landmarkcres.com Phone: (248) 488-2620
(248) 488-2620 (248) 488-2620 (248) 488-2620
landmarkcres.com
FOR LEASE
PROPERTY DETAILS TENANT ROSTER
Location: 3 Mile Rd (I-75 SPUR) & I-75 Kohl’s, T.J. Maxx, Hobby Lobby, Joann Etc., Harbor Freight Tools,
Sault Ste. Marie, MI 49786 Dunham’s Sporting Goods, Dollar Tree, Bath & Body Works, Maurice’s,
Property Type: Shopping Center Shoe Show, Buffalo Wild Wings, Arby’s, Superior Styling
Rent: Negotiable DESCRIPTION
Cascade Crossing is the dominant Power Center in the Upper Peninsula
NNN: $3.54/SF
of Michigan. Anchored by Kohl’s, Hobby Lobby (opening Spring 2020),
Available Space: 2,000 SF (25' x 80') T.J. Maxx, Harbor Freight Tools, Dunham’s and Jo-Ann, Cascade
16,898 SF (71' x 238')
Crossing offers an excellent tenant mix and great location in Sault Ste.
Zoning: Commercial
Marie, Michigan. Cascade Crossing is located on the main retail
GLA: 277,061 SF corridor which captures shoppers from Sault Ste. Marie, Michigan and
Sault Ste. Marie, Canada with a combined population of over 80,000
Traffic Count: I-75 = 15,000 cpd
3 Mile Rd = 16,000 cpd people. Join Kohl’s, Hobby Lobby, T.J. Maxx, Joann Etc., Harbor
Contact: Michael R. Lippitt Freight Tools, Dunham’s Sporting Goods, Dollar Tree, Bath & Body
mlippitt@landmarkcres.com Works, Maurice’s, Shoe Show, Buffalo Wild Wings, and Arby’s in this
Kevin J. Baker high volume anchored center. Sault Ste. Marie is in the midst of a major
kbaker@landmarkcres.com economic expansion. The federal government just approved an
Daniel H. Kukes expansion of the Soo Locks which will bring 15,000 jobs to the trade
dkukes@landmarkcres.com area over the next ten years!
(248) 488-2620
Please call us to discuss your specific requirements.
Cascade Crossing • Sault Ste. Marie, MI 2
Cascade Crossing • Sault Ste. Marie, MI 3
SITE PLAN
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MICRO
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LOCATION MAP
CASCADE CROSSING
3 MILE RD (I-75 SPUR) & I-75,
SAULT STE. MARIE, MI 49783
Cascade Crossing • Sault Ste. Marie, MI 6
Cascade Crossing • Sault Ste. Marie, MI 7
Cascade Crossing • Sault Ste. Marie, MI 8
DEMOGRAPHICS
DESCRIPTION 10 MILE 20 MILE 30 MILE 40 MILE
2019 Estimated Population 19,837 31,815 35,136 39,581
POPULATION
2024 Projected Population 19,025 30,909 34,189 38,675
2010 Census Population 20,634 32,920 36,316 40,894
2000 Census Population 22,454 32,884 36,292 41,173
Projected Annual Growth 2019 to 2024 -0.8% -0.6% -0.5% -0.5%
Historical Annual Growth 2000 to 2019 -0.6% -0.2% -0.2% -0.2%
2019 Estimated Households 8,842 12,118 13,613 15,855
HOUSEHOLDS
2024 Projected Households 8,723 12,050 13,540 15,795
2010 Census Households 8,661 11,753 13,182 15,330
2000 Census Households 8,096 10,985 12,363 14,507
Projected Annual Growth 2019 to 2024 -0.3% -0.1% -0.1% -
Historical Annual Growth 2000 to 2019 0.5% 0.5% 0.5% 0.5%
2019 Est. White 72.0% 67.3% 68.8% 70.5%
2019 Est. Black 2.0% 8.0% 7.3% 6.6%
RACE
2019 Est. Asian or Pacific Islander 1.5% 1.2% 1.2% 1.1%
2019 Est. American Indian or Alaska Native 10.5% 10.2% 9.8% 9.4%
2019 Est. Other Races 14.0% 13.3% 12.9% 12.4%
2019 Est. Average Household Income $61,829 $64,260 $63,843 $62,313
BUSI INCOME
2019 Est. Median Household Income $52,231 $52,168 $51,994 $51,418
2019 Est. Per Capita Income $28,013 $26,961 $26,985 $26,960
2019 Est. Total Businesses 1,125 1,376 1,531 1,764
NESS
2019 Est. Total Employees 12,846 16,505 17,563 18,851 3 MILE RD (I-75 SPUR) & I-75, SAULT STE MARIE, MI 49783
LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not
doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and
completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value 9
of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.
TRADE AREA
Cascade Crossing • Sault Ste. Marie, MI 10NEW SOO LOCK THAT
COULD EMPLOY THOUSANDS IN MICHIGAN
PUSHES FORWARD
DETROIT FREE PRESS – JUNE 29, 2018
TODD SPRANGLER
WASHINGTON – The Army Corps of Engineers is recommending a new
supersize navigation lock be built in northern Michigan, advancing an
enormous project that has been stalled for decades.
Congressional sources first informed the Free Press on Friday morning
about details of the report on condition of anonymity because the Corps
had not made its analysis public. But members of the state's congressional
delegation later publicly revealed its contents, saying the Corps now
supports the building of a new lock that could handle the largest ships
carrying freight and raw materials between Lake Superior and the lower
Great Lakes.
The Corps is expected to release its report soon, bolstering the next
moves, which would be to secure authorization and funding for the
project from Congress.
"We know the Soo Locks is a vital gateway for commerce in Michigan and
critical to our national security," said U.S. Sen. Debbie Stabenow, D-Mich.
"Today’s news, along with the language I have included in the Senate
water infrastructure bill, brings us another step closer to moving this
important project forward.”
The cost of the project is expected to be about $922 million and it would
take 7 to 10 years to complete, subject to congressional funding. It also
could employ as many as 15,000 people on the Upper Peninsula during its
construction, according to previous estimates by Gov. Rick Snyder, who
has long argued for the project.
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