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Multi-Tenant Retail Center
New
For Sale
$1,300,000

1125 S Beacon Blvd, Grand Haven, MI 49417

Three tenants occupy the updated building, with all leases structured on a triple-net basis.

Property SizeContact for details
Days on Market2

Property Features for 1125 S Beacon Blvd

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $18,969

Building Details

Year Built 1980
Units 4
Tenancy Multi
Listing Agency: Greenridge - Nexes
Listed By: William E Carlston · License #6506021186
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:51PM

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 Greenridge - Nexes

Investment Insights

Based on property information with market context.

This strip retail property dates to 1980 and has been updated. The tenant roster includes two national businesses and one local business, and the national tenants have each occupied the center through multiple lease terms. All three leases use a triple-net structure and have several years remaining.

The property is located at 1125 S Beacon Blvd in Grand Haven’s business district. Its bike score is 72, rated Very Bikeable, and its walk score is 68, rated Somewhat Walkable.

Key Highlights

  • Three tenants: two national businesses and one local business
  • All leases are triple net, with several years remaining
  • Updated building, originally constructed in 1980

Property Analytics

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Current Use

Subway Take-out & Catering Christine I. Vandeweghe, ... Physician Rx Optical, a MyEyeDr. ... Eye Care Center 31 Cannabis - Grand ... Gym & Fitness Center Christine Ilene Van ... Physician

Suggested Use

Top Pick Nail Salon Furniture & Home Goods Hair Salon HVAC Service Computer & Electronic Repair Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 25% Apparel 7% Hotels & Casinos 4%
McDonald's Dining
26,127 visits/mo 0.2 miles
Taco Bell Dining
18,131 visits/mo 0.2 miles
Burger King Dining
12,899 visits/mo 0.3 miles
Goodwill Apparel
8,420 visits/mo 0.5 miles
KFC Dining
7,705 visits/mo 0.2 miles

Demographics for 49417, MI

32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Three tenants occupy the updated building, with all leases structured on a triple-net basis.
Where is this strip mall located?
The property is located at 1125 S Beacon Blvd Grand Haven, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three tenants: two national businesses and one local business; All leases are triple net, with several years remaining; Updated building, originally constructed in 1980
More about this property
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