54th Street Plaza

Retail-Commercial for Lease
Catylist Listing ID: 29549176
Property Subtypes: Retail-Pad, Street Retail
Contiguous Space: 1,380 - 4,080 SF
Total Available: 15,286 SF
Gross Building Area: See Agent
Lease Rate: $10 - 14 PSF (Annual)
Base Monthly Rent: $1,150 - 3,400
Lease Types: NNN
Building Name: Grand Rapids Plaza
Last Updated: 11/17/2017

Overview / Comments

Located on the SEC of 54th St. and Division and along the Division Avenue Bus Rapid Transit (Silver Line) project. A total of 33 stations will be built spanning the three cities of Grand Rapids, Kentwood and Wyoming. Construction finished in the summer of 2014, with service scheduled that began in August. Join National and Regional retailers such as Big Lots, Goodwill, Home Depot, Super Wal*Mart, Culver's, Little Caesar's and Aldi's. Capitalize on the synergy created by Home Depot, and a NEW Super Wal*Mart.

Renovation has been completed.

Expand All 7 Spaces Available

Suite: 5422 1,380 SF $14 PSF (Annual) NNN
Suite: 5424 1,380 SF $10 PSF (Annual) NNN
Suite: 5426 1,380 SF $10 PSF (Annual) NNN
Suite: 5428 1,380 SF $10 PSF (Annual) NNN
Suite: 5436 3,786 SF $10 PSF (Annual) NNN
Suite: 5440 4,080 SF $10 PSF (Annual) NNN
Suite: 5446 1,900 SF $12 PSF (Annual) NNN

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-31-103-062
Zoning: COMMERCIAL
Property Located Between: SEC of Division Avenue and 54th Street
Side of Street: East
Property Visibility: Good
Largest Nearby Street: Division Avenue
Traffic/Vehicle Count: 40,000
Transportation: Bus
Highway Access: Easy and quick access to US-131 and M-6
Site Description: Neighboring tenants include New Beginnings Restaurant, Kentwood Liquor, Labor Ready, Avis/Budget Car Rental, Bo-Rics, Little Caesar's and Big Lots. Over 40,000 vehicles pass through the intersection of 54th St. and Division Ave. each day (Grand Valley Metro Council 2012). Five spaces are available ranging in size from 1,379 sf to 7,866 sf.
Tenancy: Multiple Tenants
Property Condition: Good
Year Renovated: 2017
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,035 98,578 225,843
Median Age: 33.59 35.49 34.2
Households: 5,199 37,572 84,830

Contact

Photograph of Listing Agent

Frank Reimus

AcresMI CARWM Member
Photograph of Listing Agent

Case H. Reimus

AcresMI CARWM Member
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