Grand Rapids Plaza 5428

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30207260
Property Subtypes: Retail-Pad, Street Retail
Contiguous Space: 1,380 SF
Total Available: 4,140 SF
Gross Building Area: See Agent
Lease Rate: $10 PSF (Annual)
Base Monthly Rent: $1,150
Lease Types: NNN
Building Name: Grand Rapids Plaza
Last Updated: 3/19/2019

Overview / Comments

Grand Rapids Plaza is shadow-anchored by a large/busy BIG LOTS store with an O'Reilly Automotive Parts store in front @ Division Avenue. A well-known family restaurant 'New Beginnings' is located on the corner of Division Ave & 54th St. GRP is located on the SEC of 54th Street & Division Avenue. Along Division Avenue the Rapid Transit (Silver Line) service has two (2) stations on Division Avenue just south of 54th Street. A total of 33 bus stations service the three cities (Grand Rapids, Kentwood and Wyoming). Join National and Regional retailers such as Big Lots, Goodwill, Home Depot, Super Wal*Mart, Culver's, Little Caesar's. Discount Tires, Wendy's and Aldi's. GRP is in the final planning stages of new Popeye's Fried Chicken to be constructed just south of the New Beginnings restaurant. Capitalize on the synergy created all these national and regional retailers.

Renovation has been completed.

Attachments & Media

Expand All 3 Spaces Available

Suite: 5424 1,380 SF $10 PSF (Annual) NNN
Suite: 5426 1,380 SF $10 PSF (Annual) NNN
Suite: 5428 1,380 SF $10 PSF (Annual) NNN

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-31-103-062
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Located Between: SEC of Division Avenue and 54th Street
Side of Street: East
Property Visibility: Good
Largest Nearby Street: Division Avenue
Traffic/Vehicle Count: 40,000
Transportation: Bus
Highway Access: Easy and quick access to US-131 and M-6
Site Description: Neighboring tenants include New Beginnings Restaurant, Kentwood Liquor, Peoplemark, Bo-Rics, Little Caesar's and Big Lots. Over 40,000 vehicles pass through the intersection of 54th St. and Division Ave. each day (Grand Valley Metro Council 2012). Five spaces are available ranging in size from 1,379 sf to 7,866 sf.
Tenancy: Multiple Tenants
Property Condition: Good
Year Renovated: 2017
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,035 98,578 225,843
Median Age: 33.59 35.49 34.2
Households: 5,199 37,572 84,830
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.