For Lease Former Chili's - Knapps Corner

Retail-Commercial for Sale
Sale Pending
Also listed as Vacant Land
Catylist Listing ID: 30728226
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Other, General
Status: Pending
Building Size (RSF): 5,600 SF
Gross Land Area: 1.44 Acres
Sale Price: $1 - 500 PSF
Total Price: $5,600 - 2,800,000
Ceiling: 11 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Chili's
Usable Size (USF): 5,600 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

+ Sale Price/Lease Rate: Call Listing Agent
+ TI Allowance: By Request
+ Property Taxes: $34,114 annually
+ Building Size: 5,600 SF
+ Building Dimensions: Approximately 70’ x 80’
+ Lot Size: 1.43 Acres
+ Lot Dimensions: 257’ x 242’
+ Fantastic restaurant opportunity with a prime location in Knapps Corner
+ Excellent visibility with easy access and ample parking
+ Former Chili’s, completely intact and ready to operate with minimal work

Financials

Finance Data Year 2007
Real Estate Taxes - Annual($) $602,100 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: East Beltline Central
Taxing Authority: Grand Rapids
Tax ID/APN: 41-14-10-477-008
Zoning: PUD
Retail Clientele: General, Family, Other
Property Located Between: Knapp and E. Beltline
Property Visibility: Excellent
Largest Nearby Street: Knapp
Site Description: Unit 8, Main St. Site Condos Kent County condominium Subdivision Plan 603 Liber 5415 Page 99 as amended by libor 6742 page 1134 as amended by NSTRUMENT 20031016-0211066.
Area Description: DIRECTIONS: NWC of E. Beltline Ave NE and Main Street NE.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,600 SF
Property Condition: Excellent
Year Built: 2003
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,352 59,547 198,114
Median Age: 37.03 36.07 34
Households: 1,394 23,480 74,135

Contact

Photograph of Listing Agent

Russ Bono, CCIM

CBRE Detroit CARWM Member
Photograph of Listing Agent

Cameron Timmer

CBRE Detroit CARWM Member
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