Corner Whole Foods NNN
For Sale
Contact for pricing
2897 Radcliff Ave SE, Kentwood, MI 49512
Whole Foods grocery store on a hard signalized corner with a 20-year NNN lease corporately guaranteed by Amazon.
Property SizeContact for details
Days on Market148
Property Features for 2897 Radcliff Ave SE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
The Jonna Group at Colliers International
Listed By:
Simon Jonna · License #MI 6501357188
(248) 226-1610
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 11:37AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
433k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 25%
Home Improvements & Furnishings 12%
Apparel 11%
Barnes & Noble
Shops & Services
53,199 visits/mo
0.5 miles
The Cheesecake Factory
Dining
45,891 visits/mo
0.5 miles
Whole Foods Market
Groceries
43,873 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
43,295 visits/mo
0.4 miles
McDonald's
Dining
32,429 visits/mo
0.3 miles
Demographics for 49512, MI
18,558
Population
8,870
Households
2.1
Avg Household Size
33
Median Age
38%
College-Educated
91%
High-School Grad
23.0 sq mi
ZIP Area
807
Density / Sq Mi
$70,955
Median Household Income
$41,538
Median Earnings
$1,229
Median Rent
$279,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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
