Search
Single-Tenant Retail Building
For Sale
Contact for pricing

3232 28th St SW, Grandville, MI 49418

For sale retail property with 11,052 SF and an 8.50% CAP rate per public remarks.

Property Size11,052 SF
Days on Market121

Property Features for 3232 28th St SW

General Information

Standard status Active
Size 11,052 SF
Property subtype Retail

Additional Details

Cap Rate 8.5%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:35PM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This for-sale retail property is offered at 8.50% CAP rate based on the published public remarks. The building totals 11,052 SF, providing a defined footprint for retail operations.

The address is 3232 28th St SW in Grandville, Michigan (49418).

Key Highlights

  • Retail property for sale
  • 8.50% CAP rate (per public remarks)
  • 11,052 SF building size (per public remarks)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store Law Firm Catering Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 18%
Dollar Tree Shops & Services
15,322 visits/mo 0.3 miles
True Value Hardware Home Improvements & Furnishings
2,698 visits/mo 0.3 miles
Muffler Man Shops & Services
967 visits/mo 0.4 miles
Leslie's Pool Supplies Home Improvements & Furnishings
841 visits/mo 0.5 miles

Demographics for 49418, MI

30,520
Population
12,801
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,606
Density / Sq Mi
$83,485
Median Household Income
$48,260
Median Earnings
$1,218
Median Rent
$296,300
Median Home Value

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with 11,052 SF and an 8.50% CAP rate per public remarks.
Where is this retail space located?
The property is located at 3232 28th St SW Grandville, MI.
What are key features of this property?
This property features: Retail property for sale; 8.50% CAP rate (per public remarks); 11,052 SF building size (per public remarks)
(858) 373-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message