Endcap Retail
For Lease
$15 SF/Yr
1229 Michigan St NE, Grand Rapids, MI 49503
The suite is currently used as office space and includes on-site parking.
Space SizeContact for details
Days on Market15
Property Features for 1229 Michigan St NE
General Information
Standard status
Active
Property subtype
Retail
Zoning
TBA
Lease Type
NNN
Site & Location
Neighborhood
Northeast
End Cap
Yes
Traffic Count
18,141 vehicles/day
Amenities
on-site parking
Building Details
Tenancy
Multi-Tenant
Spaces For Lease
at 1229 Michigan St NE
Available Space
$15/Mo
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Cody Smith · License #6501443789
(248) 892-2634
Source:
Carwm.resimplifi
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 30 at 10:35AM
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 Advantage Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 5,600-square-foot endcap retail suite is offered for lease and is currently used as office space. Its existing configuration provides a basis for continued office occupancy or another use supported by the property’s zoning, listed as TBA.
The property is at 1229 Michigan St NE in Grand Rapids, along a roadway carrying approximately 18,141 vehicles per day. Nearby businesses include Ace Hardware, Walgreens, Taco Bell, Family Dollar, and Fifth Third Bank.
The property is at 1229 Michigan St NE in Grand Rapids, along a roadway carrying approximately 18,141 vehicles per day. Nearby businesses include Ace Hardware, Walgreens, Taco Bell, Family Dollar, and Fifth Third Bank.
Key Highlights
- 5,600‑square‑foot endcap retail suite
- Currently used as office space
- Michigan St NE carries approximately 18,141 vehicles per day
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18,141 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
188k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 37%
Groceries 13%
Home Improvements & Furnishings 7%
Speedway
Shops & Services
27,071 visits/mo
0.1 miles
Starbucks
Dining
18,679 visits/mo
0.2 miles
Shell
Shops & Services
18,078 visits/mo
0.1 miles
Family Fare
Groceries
17,174 visits/mo
0.5 miles
Wendy's
Dining
16,215 visits/mo
0.2 miles
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Grand Rapids, MI
$17 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
26,119 SF
Avg Space Size
This space is priced 12% below the average of $17 /SF/Yr.
Frequently Asked Questions
What type of property is this?
Retail space - The suite is currently used as office space and includes on-site parking.
Where is this retail space located?
The property is located at 1229 Michigan St NE Grand Rapids, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 5,600‑square‑foot endcap retail suite; Currently used as office space; Michigan St NE carries approximately 18,141 vehicles per day
