TWO BUILDINGS FOR LEASE OR SALE

Retail-Commercial for Lease
Catylist Listing ID: 30164449
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 1,300 - 3,900 SF
Total Available: 7,800 SF
Building Size (RSF): 3,900 SF
Gross Land Area: 0.61 Acres
Lease Rate: $13.50 PSF (Annual)
Base Monthly Rent: $1,462 - 4,387
Lease Types: NNN
Usable Size (USF): 3,900 SF
Last Updated: 6/6/2018

Overview / Comments

Offering 28th Street frontage and located across the street from Kellogg's production campus, this 3,900 SF property’s renovation will be complete in late 2017. Updates of the 311 building include an interior brought to a white box along with exterior upgrades like landscaping, exterior painting, and resealed/restriped parking lot.

Just add neighbors! Building can be demised into two or three units as small as 1,300 SF. Offers open floor plan potential, good clear heights, and features an overhead door on the west end of the building.

Uses for this property are many, including dry cleaners/laundromat, title company, general office, retail, daycare, restaurant/bar, and medical clinic. The adjacent property (includes a two-story office building) is for sale or for lease.

Immediate Area Statistics:
- Population of 134,500
- Median Age 32
- Strong demographic of consumers and employees
- 3,800+ Businesses
- 54,500 Employees
- Traffic counts 30,000+ cars per day

Expand All 3 Spaces Available

Suite: A 1,300 SF $13.50 PSF (Annual) NNN
Suite: B 2,600 SF $13.50 PSF (Annual) NNN
Suite: C 3,900 SF $13.50 PSF (Annual) NNN

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-381-031
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: Division & Madison
Largest Nearby Street: Division
Traffic/Vehicle Count: 30,000
Highway Access: A few minutes' drive from US-131
Site Description: One parcel with two buildings
Area Description: Nearby neighbors include: Beltline Bar, New Beginnings, Grand Coney, Walgreen's, Admiral, Morelo’s Western Wear, Grand Rapids Animal Clinic, McDonald's, Checkers, Taco Bell, Burger King
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Property Condition: Good
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Exterior of 311 repainted fall 2017. Nearly $7,000 of tree cutbacks and removal was performed in the fall of 2017 to open up the property and remove dead branches. Landscaping was also completely updated, removing old overgrown shrubs, etc.
Parking Description: Parking lot was resealed and re-striped in fall of 2017.
Interior Description: Building #1 (311) is whiteboxed Building #2 (301) is in as-is condition
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,654 149,867 310,106
Median Age: 30.89 32.53 33.32
Households: 4,379 54,034 117,500

Contact

Photograph of Listing Agent

Chip Bowling

X Ventures CARWM Member
Photograph of Listing Agent

Shelby Reno

X Ventures CARWM Member
Photograph of Listing Agent

Tad Dobre

X Ventures CARWM Member
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