Corner Whole Foods NNN
2897 Radcliff Ave SE Kentwood, MI 49512
2897 Radcliff Ave SE, Kentwood, MI, 49512
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For Sale
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Whole Foods grocery store on a hard signalized corner with a 20-year NNN lease corporately guaranteed by Amazon.
Days on Market102
Property Features for 2897 Radcliff Ave SE
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
The Jonna Group at Colliers International
(248) 226-1610
Listed by
Simon Jonna · License #MI 6501357188
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 12:25AM Checked: Jul 21 at 7:06AM
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 The Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
Whole Foods grocery store located at 2897 Radcliff Ave SE, Kentwood, Michigan, offered for sale with a new 20-year NNN lease. The lease is corporately guaranteed by Whole Foods’ parent company, Amazon, Inc. (S&P AA), and includes attractive seven five-year options with 10% rent increases every five years in both the base and option periods.
The property is situated with high visibility and frontage on a hard signalized corner of 28th Street and Radcliff Avenue SE, averaging a combined total of 38,400 vehicles traveling per day. The surrounding area is described as a dense retail trader zone with multiple national tenants nearby, including The Home Depot, Costco, Lowe’s, Sam’s Club, TJ Maxx, HomeGoods, Kohl’s, Macy’s, Trader Joe’s, McDonald’s, and Chick-fil-A.
The site is also positioned adjacent to Woodland Mall (a 976,000+ SF super-regional shopping mall) and The Shops at CenterPoint (a 575,000 SF open-air shopping center, recently redeveloped).
The property is situated with high visibility and frontage on a hard signalized corner of 28th Street and Radcliff Avenue SE, averaging a combined total of 38,400 vehicles traveling per day. The surrounding area is described as a dense retail trader zone with multiple national tenants nearby, including The Home Depot, Costco, Lowe’s, Sam’s Club, TJ Maxx, HomeGoods, Kohl’s, Macy’s, Trader Joe’s, McDonald’s, and Chick-fil-A.
The site is also positioned adjacent to Woodland Mall (a 976,000+ SF super-regional shopping mall) and The Shops at CenterPoint (a 575,000 SF open-air shopping center, recently redeveloped).
Key Highlights
- Whole Foods grocery store on a hard signalized corner at 28th Street and Radcliff Avenue SE in Kentwood, MI
- 20‑year NNN lease corporately guaranteed by Whole Foods’ parent, Amazon, Inc. (S&P AA)
- Lease includes seven (7) five‑year options and 10% rent increases every five years in base and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Whole Foods grocery store on a hard signalized corner with a 20-year NNN lease corporately guaranteed by Amazon.
Where is this grocery and convenience store located?
The property is located at 2897 Radcliff Ave SE Kentwood, MI.
What are key features of this property?
This property features: Whole Foods grocery store on a hard signalized corner at 28th Street and Radcliff Avenue SE in Kentwood, MI; 20‑year NNN lease corporately guaranteed by Whole Foods’ parent, Amazon, Inc. (S&P AA); Lease includes seven (7) five‑year options and 10% rent increases every five years in base and option periods