FLINT TWP. — Recent sales of two large, longtime vacant stores promise new places to shop coming to the Miller and Linden roads commercial district.
A store formerly occupied by a Circuit City electronics store at 4071 Miller Rd. and the former Sears Homelife/Furniture Express store at 5038 Miller Rd., both have new owners.
Tracey Tucker, Flint Township’s economic enhancement director, announced the sales at a recent township board meeting.
The old Circuit City site was purchased by Lormax Stern Development Company of West Bloomfield. Chris Brochert, a partner in the firm, said they are in talks with several potential tenants but nothing is firm yet. The 45,506 square-foot building was purchased about six weeks ago.
“It was vacant and available and we love the area,’’ is the reason Brochert gave for purchasing the building. It is not his company’s first acquisition in Genesee County.
“We developed the Office Depot and the Genesee Crossings shopping center where Target is next door,’’ he said, adding that they also helped develop the site where Kohl’s department store is located.
“We love Genesee County,’’ Brochert said, noting that the former Circuit City store performed exceptionally well at the Miller Road location before the entire chain filed for bankruptcy in 2009.
Brochert said the building will be remodeled and a new long-term retail tenant installed. He said it could be a couple of months before they are ready to announce the name of the new tenant.
According to the Lormax Stern web site, Brochert specializes in site selection and land acquisition for the development of shopping centers and free standing retail facilities. He also recruits retailers and is responsible for assembling the most compatible retailer mix.
Flint Township assessor’s records show that the former Sears Homelife building was purchased in February for $250,000 by a company called 5038 Miller Road Holdings LLC. No further information is available about the company or its plans for the building. Furniture Express, the building’s last tenant closed circa 2007. Built in 1997, the 28,636 square-foot space is located in the same shopping center as Gander Mountain and Powerhouse Gym, across the street from Genesee Valley Mall.