Retail Shopping Center with Multiple
For Lease
$15 SF/Yr
5150 Northland Dr NE, Grand Rapids, MI 49525
C-1-zoned retail property offers multiple suite sizes within a multi-tenant commercial center.
Space SizeContact for details
Days on Market779
Property Features for 5150 Northland Dr NE
General Information
Standard status
Active
Property subtype
Retail
Zoning
C-1
Lease Type
NNN
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Qdoba, Great Clips, Poke Toki, Title Boxing Club, Jets Pizza
Additional Details
Space Use
Retail
Amenities
Water
Sewer
Building Details
Year Built
2005
Tenancy
Multi
Spaces For Lease
at 5150 Northland Dr NE Contact usAvailable Space $15/Mo
Contact usAvailable Space $19/Mo
Contact us
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Paul Oosterbaan
(616) 575-7054
Source:
Carwm.resimplifi
Added: Jul 17, 2024
Changed: Sep 1
Last Checked: Sep 2 at 1:40PM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
Waterford Center is a retail shopping center with 23,880 square feet of property size and multiple suite configurations available. Built in 2005, the center is zoned C-1 and includes a tenant mix featuring Qdoba, Great Clips, Poke Toki, Title Boxing Club, and Jets Pizza.
The property is positioned at the intersection of Plainfield Ave. NE and Northland Drive in Grand Rapids, Michigan. Its address is 5150 Northland Dr NE, Grand Rapids, MI 49525, placing available retail space within an established multi-tenant commercial setting.
The property is positioned at the intersection of Plainfield Ave. NE and Northland Drive in Grand Rapids, Michigan. Its address is 5150 Northland Dr NE, Grand Rapids, MI 49525, placing available retail space within an established multi-tenant commercial setting.
Key Highlights
- 23,880 square feet of property size
- C‑1 zoning
- Multiple suite sizes available
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
156k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 18%
Groceries 13%
Electronics 4%
McDonald's
Dining
25,980 visits/mo
0.4 miles
Family Fare
Groceries
20,062 visits/mo
0.2 miles
Starbucks
Dining
18,861 visits/mo
0.2 miles
Taco Bell
Dining
13,614 visits/mo
0.1 miles
Qdoba Mexican Grill
Dining
12,725 visits/mo
0.1 miles
Demographics for 49525, MI
30,275
Population
12,577
Households
2.4
Avg Household Size
39
Median Age
49%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
1,294
Density / Sq Mi
$87,969
Median Household Income
$45,740
Median Earnings
$1,335
Median Rent
$292,500
Median Home Value
Market
Lease Benchmarks for Grand Rapids, MI
$13.12 /SF/Yr
Avg Asking Price
$9.95–$17.95 /SF/Yr
Price Range
26,731 SF
Avg Space Size
This space is priced 14% above the average of $13.12 /SF/Yr.
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kotlarz Ventures — 5285 Plainfield Ave NE, Grand Rapids, MI 49525
Frequently Asked Questions
What type of property is this?
Shopping center - C-1-zoned retail property offers multiple suite sizes within a multi-tenant commercial center.
Where is this shopping center located?
The property is located at 5150 Northland Dr 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: 23,880 square feet of property size; C‑1 zoning; Multiple suite sizes available
