Downtown Grand Rapids Retail
For Lease
Contact for pricing
205 Division Ave S, Grand Rapids, MI 49503
Prime retail space in the heart of downtown Grand Rapids.
Space Size1,000 SF
Property Size40,000 SF
Days on Market1554
Property Features for 205 Division Ave S
General Information
Standard status
Active
Size
1,000 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
40,000 SF
Year Built
2014
Tenancy
Single
Spaces For Lease
at 205 Division Ave S Contact us- Size
- 1,000 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit: Main
Listing Agency:
Signature Associates
(616) 235-0900
Listed By:
Joe Rizqallah · License #MI
Source:
Crexi
Added: May 24, 2022
Changed: Aug 17
Last Checked: Aug 22 at 6:40PM
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 Signature Associates
Investment Insights
Based on property information with market context.
This "Class A" retail space is situated in the heart of downtown Grand Rapids, within walking distance of the entertainment district, Studio Park, and VanAndel Arena. The space offers views of downtown and includes access to a parking ramp below. It occupies a hard-corner location at a lighted intersection in the busy downtown area. Potential Tenant Improvement Allowance is available for qualified tenants.
Key Highlights
- Prime "Class A" retail space in the heart of downtown Grand Rapids.
- Walking distance to entertainment district, Studio Park, and Van Andel Arena.
- Located on a hard‑corner, lighted intersection in a busy downtown area.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,384
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 25%
Hotels & Casinos 22%
Home Improvements & Furnishings 4%
Residence Inn Grand Rapids Downtown
Hotels & Casinos
8,031 visits/mo
0.4 miles
Mobil
Shops & Services
7,368 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,683 visits/mo
0.4 miles
Leo's Coney Island
Dining
3,662 visits/mo
0.3 miles
Dollar General
Shops & Services
3,547 visits/mo
0.4 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
Market
Lease Benchmarks for Grand Rapids, MI
$17.71 /SF/Yr
Avg Asking Price
$11–$35 /SF/Yr
Price Range
29,221 SF
Avg Space Size
This space is priced 24% below the average of $17.71 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in the heart of downtown Grand Rapids.
Where is this retail space located?
The property is located at 205 Division Ave S Grand Rapids, MI.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Prime "Class A" retail space in the heart of downtown Grand Rapids.; Walking distance to entertainment district, Studio Park, and Van Andel Arena.; Located on a hard‑corner, lighted intersection in a busy downtown area.
