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Retail Space in Holland Center
For Lease
$15 SF/Yr

1111 Washington Ave 30, Holland, MI 49423

Thriving retail district location near US-31 and I-196.

Space SizeContact for details
Days on Market111

Property Features for 1111 Washington Ave 30

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2005
Units 1
Listing Agency: Lakeshore Commercial Real Estate
Listed By: Michael Nagelkirk · License #6501194952
Source: Elliman
Added: Apr 24 Changed: Aug 10 Last Checked: Aug 11 at 9:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lakeshore Commercial Real Estate

Investment Insights

Based on property information with market context.

This neighborhood shopping center is located in a thriving retail district in Washington, adjacent to Holland's south side Family Fare on US-31 Business Route (S Washington Ave), just north of Exit 47 I-196/US-31. The area is well-established and features a mix of regional and national tenants, as well as locally owned businesses. The location benefits from heavy traffic on S Washington Avenue, with an AADT traffic count of 19,364 in 2024, making it suitable for various businesses. The property has a bike score of 54, indicating it is bikeable. The lease term is 60 months.

Key Highlights

  • High Traffic Count: AADT of 19,364 on S Washington Avenue, providing excellent visibility.
  • Prime Location: Situated in a thriving retail district on US‑31 Business Route, near Exit 47 of I‑196/US‑31.
  • Established Area: Located in a well‑established area with a mix of regional/national tenants and local businesses.

Property Analytics

Current Use

T-Mobile Authorized Retailer Mobile Phone Store The CBD Store Pharmacy Admiral Discount Tobacco (Bike/Boat/Book/etc) Store check n go, ... Loan Service Admiral Tobacco (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49423, MI

46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value

Market

Lease Benchmarks for Holland, MI

$15.22 /SF/Yr
Avg Asking Price
$12–$17 /SF/Yr
Price Range
2,747 SF
Avg Space Size

This space is priced 1% below the average of $15.22 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Thriving retail district location near US-31 and I-196.
Where is this shopping center located?
The property is located at 1111 Washington Ave 30 Holland, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: High Traffic Count: AADT of 19,364 on S Washington Avenue, providing excellent visibility.; Prime Location: Situated in a thriving retail district on US‑31 Business Route, near Exit 47 of I‑196/US‑31.; Established Area: Located in a well‑established area with a mix of regional/national tenants and local businesses.
More about this property
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