Clyde Park Plaza For Sale

Shopping Center for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30331849
Property Subtypes: Mixed Use, Net Leased, Strip Center
Status: Pending
Building Size (RSF): 30,600 SF
Gross Land Area: 4.80 Acres
Sale Price: $3,450,000
Unit Price: $112.75 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Clyde Park Plaza
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/24/2018

Overview / Comments

Action Intersection - 54th/Gezon Parkway/Clyde Park! This investment has many long term tenants such as Bagel Beanery, Gall Sewing, Armed Forces Recruiting Office and Oriental Asian Buffet. Recent additions to this retail corridor are Chick-fil-A, Panera, and Belle Tire. Additional 1 acre parking lot included in sale.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 36th/44th St Corridor
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-36-101-047 & 41-17-36-101-048
Zoning: B-1
Retail Clientele: General
Property Located Between: Clyde Park and US-131
Largest Nearby Street: 54th St
Feet of Frontage: 560
Highway Access: Adjacent to US-131
Site Description: Sharp Retail Center off Clyde Park just North of 54th (Gezon Parkway) close to US-131.
Number of Stories: 1
Year Built: 1998
Zoning Description: B1- Local business district
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,833 99,258 227,373
Median Age: 35.46 34.4 34.28
Households: 2,190 38,280 84,587


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