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    3500 Remembrance Rd NW Grand Rapids, MI 49534

    For Sale
    $2,250,000

    Fully leased retail center with stable income and high visibility.

    Property size:
    15,906 SF
    Lot size:
    2.45 Acres

    Property Features for 3500 Remembrance Rd NW

    General Information

    Size
    15,906 SF
    Lot size
    2.45 Acres

    Source: NorthStar Commercial LLC Agent Jack VanGessel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on Remembrance Road

    This multi-tenant neighborhood center, constructed in 2004, is situated at 3500 Remembrance Rd NW. The property encompasses 15,906 square feet on a 2.452-acre lot. Its location offers high visibility and accessibility on a road with an estimated 8,000 vehicles per day. The tenant mix includes Dollar Tree, a tenant since 2016, Manu Baria, JJ Wright's Salon, Jia Yuan Chinese Restaurant, and Nicole's Summer Haze. All current leases extend through at least 2025. The building is fully occupied, presenting a stable investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jia Yuan Chinese Restaurant Spunky Monkey Smoke ... Smoke Shop Summer Haze Tanning ... Tanning Salon Jj Wright's Salon Hair Salon Dollar Tree Grocery Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Accounting Firm Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.7550405
    Latitude
    42.9910554

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail center with stable income and high visibility.
    Where is this strip mall located?
    The property is located at 3500 Remembrance Rd NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Zero vacancy provides a stable investment.; - Anchored by Dollar Tree, a national tenant, since 2016.; - All current leases run through at least 2025.
    (616) 295-8591
    Request Owner's contact information
    3500 Remembrance Rd NW Grand Rapids, MI 49534
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    Grand Rapids, MI 49534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 Remembrance Rd NW Grand Rapids, MI 49534
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