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Former Sears Retail Space
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3622 Rivertown Pkwy SW, Grandville, MI 49418

Large-format retail space within an established mall anchored by national retailers and surrounded by major shopping destinations.

Space Size60,000 SF
Days on Market1319

Property Features for 3622 Rivertown Pkwy SW

General Information

Standard status Active
Size 60,000 SF
Property subtype RETAIL

Spaces For Lease

at 3622 Rivertown Pkwy SW Contact us

3622 Rivertown Pkwy SW

Floor
1
Size
60,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
This former Sears Property is located in the Rivertown Crossings Mall, which besides...
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Listing Agency: Stokas Bieri Real Estate
Listed By: Alex Bieri · License #6506046740
Source: Moodyscre
Added: Feb 14, 2023 Changed: Sep 4 Last Checked: Sep 24 at 2:47PM

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 Stokas Bieri Real Estate

Investment Insights

Based on property information with market context.

Former Sears retail space available within Rivertown Crossings Mall, a shopping center anchored by Dick’s Sporting Goods, JCPenney, Kohl’s, and Macy’s. The property provides 60,000 square feet of retail space in an established mall setting.

Rivertown Crossings is located at 3622 Rivertown Pkwy SW in Grandville, Michigan. The surrounding retail area includes Wilson Town Center, Grandville Marketplace, Bucktown, and Rivertown Center along Rivertown Parkway. The mall is also positioned between Meijer and Costco, with Walmart across the freeway, creating a concentration of national retail destinations in the surrounding area.

Key Highlights

  • 60,000 square feet of former Sears retail space
  • Located within Rivertown Crossings Mall
  • Mall anchors include Dick’s Sporting Goods, JCPenney, Kohl’s, and Macy’s

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Grandville, MI

$16.15 /SF/Yr
Avg Asking Price
$9.5–$23 /SF/Yr
Price Range
51,352 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
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Frequently Asked Questions

What type of property is this?
Retail space - Large-format retail space within an established mall anchored by national retailers and surrounded by major shopping destinations.
Where is this retail space located?
The property is located at 3622 Rivertown Pkwy SW Grandville, MI.
What are key features of this property?
This property features: 60,000 square feet of former Sears retail space; Located within Rivertown Crossings Mall; Mall anchors include Dick’s Sporting Goods, JCPenney, Kohl’s, and Macy’s
(313) 552-4002 Call to check price and availability
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