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Neighborhood Shopping Center
For Lease
$15 SF/Yr

30-1111 Washington Ave, Holland, MI 49423

Established retail setting with varied co-tenancy and convenient access to I-196 and US-31.

Space SizeContact for details
Days on Market172

Property Features for 30-1111 Washington Ave

General Information

Standard status Active

Site & Location

Traffic Count 19,364 vehicles/day
Highway Access Yes

Additional Details

Lease Term 60 months

Building Details

Tenancy Multi
Listing Agency: Lakeshore Commercial Real Estate
Listed By: Michael Nagelkirk · License #6501194952
Source: Exprealty
Added: Mar 12 Changed: Aug 29 Last Checked: Aug 29 at 10:04PM

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 Lakeshore Commercial Real Estate

Investment Insights

Based on property information with market context.

This neighborhood shopping center serves an established retail district in Holland, with a tenant mix that includes regional, national, and locally operated businesses. The property is positioned along S Washington Avenue, also identified as the US-31 Business Route, and is adjacent to the south-side Family Fare location.

Access to the center is supported by its position just north of Exit 47 for I-196/US-31. S Washington Avenue recorded a 2024 AADT traffic count of 19, 364. Lease terms are structured for a 60-month term.

Key Highlights

  • Neighborhood shopping center in an established Holland retail district
  • Adjacent to Family Fare on Holland’s south side
  • Frontage along S Washington Avenue, the US‑31 Business Route

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Nail Salon Hair Salon Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,364 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49423, MI

46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value

Market

Lease Benchmarks for Holland, MI

$15 /SF/Yr
Avg Asking Price
$12–$17 /SF/Yr
Price Range
2,747 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail setting with varied co-tenancy and convenient access to I-196 and US-31.
Where is this shopping center located?
The property is located at 30-1111 Washington Ave Holland, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Neighborhood shopping center in an established Holland retail district; Adjacent to Family Fare on Holland’s south side; Frontage along S Washington Avenue, the US‑31 Business Route
More about this property
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