Multi-Tenant Retail
1125 S Beacon Boulevard, Grand Haven, MI 49417
For Sale
$1,300,000
Pending
Commercial Sale, Grand Haven, MI
Property Size6,000 SF
Lot Size0.69 Acres
Days on Market48
Property Features for 1125 S Beacon Boulevard
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Interior features
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Greenridge - Nexes
(231) 739-3501
Listed By:
Michael J Lonnee · License #6501290296
(231) 578-0580
Added: Sep 23
Changed: Oct 31
Last Checked: Nov 9 at 6:06AM
MLS# 26050625
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail property at 1125 S Beacon Boulevard contains 6,000 square feet on a 0.69-acre parcel. Its tenant roster includes two national businesses and one local operator, with all three leases structured as NNN and substantial terms remaining. The building dates to 1980 and has undergone recent updates.
Vinyl, brick, and metal siding complement a rubber roof. The property has forced-air heating, central air conditioning, broadband, and cable availability.
Vinyl, brick, and metal siding complement a rubber roof. The property has forced-air heating, central air conditioning, broadband, and cable availability.
Key Highlights
- 6,000‑square‑foot retail building on 0.69 acres
- Two national tenants and one local tenant
- All leases are NNN, with many years remaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,285
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,700
$1.2M
Cap Rate 7%
$889,786
$889.8K
Cap Rate 9%
$692,056
$692.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$92.9K $15.48/SF
− Vacancy
−$3.9K −$0.65/SF
EGI
$89.0K $14.83/SF
− OpEx
−$26.7K −$4.45/SF
NOI
$62.3K $10.38/SF
Area
Ottawa County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,700
Cap Rate 7%
$889,786
Cap Rate 9%
$692,056
Alternative Uses
Best Use
Retail
$889.8K
$778.6K – $1.04M
NOI $62,285 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $101,017 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
122k
Monthly Visits Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - Three occupants operate under triple-net leases, including two national businesses and one local tenant.
Where is this strip mall located?
The property is located at 1125 S Beacon Boulevard 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: 6,000‑square‑foot retail building on 0.69 acres; Two national tenants and one local tenant; All leases are NNN, with many years remaining
