10,000+ SF Restaurant // 2 Acres
Retail-Commercial
for Lease
Also listed as Vacant Land, Business Opportunity
| Catylist Listing ID: |
30568927 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, General
|
| Contiguous Space: |
10,202 SF |
| Building Size (RSF): |
10,202 SF |
| Gross Land Area: |
2.05 Acres
|
| Lease Rate: |
$13 PSF (Annual)
|
| Base Monthly Rent: |
$11,052 |
| Lease Types: |
NNN |
| Building Name: |
Shanghai Ichiban |
| Last Updated: |
2/22/2020 |
Overview / Comments
|
Well-maintained restaurant located just south of two major malls and the busiest intersection in Grand Rapids.
|
| Space Available: |
10,202 SF |
| Lease Rate: |
$13 PSF (Annual)
$11,052 (Monthly)
|
| Lease Type: |
NNN |
| Date Available: |
4/1/2020 |
| Lease Term: |
120 Months |
| Space Type: |
Relet |
| Kitchen |
Yes |
| Parking Spaces |
115 |
| Tax Expenses |
$34,261 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual base rent increases |
Additional Details
| Nearest MSA: |
Grand Rapids-Kentwood |
| County: |
Kent |
| Submarket/Township: |
28th Street Southeast |
| Taxing Authority: |
City of Kentwood |
| Tax ID/APN: |
41-18-14-101-059 |
| Zoning: |
C2 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Broadmoor Ave |
| Feet of Frontage: |
547 |
| Traffic/Vehicle Count: |
29,000 |
| Site Description: |
S 200 FT OF N 1388 FT OF W 1/2 NW 1/4 EX W 710 FT & EX COM AT NE COR THEREOF TH S 2D 46M 55S E ALONG W 1/8 LINE 88.68 FT TH S 88D 48M 50S W 145.54 FT TH NWLY 338.17 FT ALONG A 575.38 FT RAD CURVE TO RT /LONG CHORD BEARS N 74D 20M 55S W 333.33 FT/ TO S LINE OF N 1188.0 FT OF W 1/2 NW 1/4 TH N 89D 47M 36S E ALONG SD S LINE 462.18 FT TO BEG * SEC 14 T6N R11W 2.05 A. |
| Area Description: |
SW of Broadmoor & 29th St |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
1987 |
| Year Renovated: |
2004 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Approx 115 parking spaces |
| Sprinklers: |
Wet |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,156 |
83,055 |
225,297 |
| Median Age: |
40.42 |
36.44 |
33.77 |
| Households: |
4,613 |
33,250 |
85,855 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Alliance of REALTORS West Michigan nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
