Eastern Lofts Retail Space for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30757913
Property Subtypes: Retail-Pad, Street Retail
Building Status: Under Construction
Contiguous Space: 2,689 SF
Gross Building Area: 15,258 SF
Gross Land Area: 1.23 SF
Lease Rate: $17 PSF (Annual)
Base Monthly Rent: $3,809
Lease Types: Modified Gross
In Opportunity Zone? Yes
Building Name: Eastern Lofts
Last Updated: 11/1/2021

Overview / Comments

Eastern Lofts: First floor plan includes 11 live in units with a community room, a fitness center, and office. Retail space available is 2,689 Gross SF with approximately 90 ft. of frontage on the West side of Eastern just south of Wealthy.

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Suite: 1 2,689 SF $17 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 2,689 SF
Lease Rate: $17 PSF (Annual)
$3,809 (Monthly)
Lease Type: Modified Gross
Date Available: 11/1/2021
Lease Term: 60 Months
Space Type: New

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: East Grand Rapids
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-31-279-037
Zoning: TRADITIONAL BUSINESS AREA
Retail Clientele: General, Family, Recreation, Other
Property Located Between: Wealthy and Franklin
Property Visibility: Excellent
Largest Nearby Street: Franklin
Feet of Frontage: 259
Traffic/Vehicle Count: 10,000
Highway Access: US-131
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Excellent
Year Built: 2021
Zoning Description: Traditional Business Area

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,992 159,996 296,210
Median Age: 28.05 31.1 33.58
Households: 11,239 59,534 113,929

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