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NNN Retail Property with Warehouse
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4375 28th St SE, Grand Rapids, MI 49512

Fully leased retail facility with warehouse space, loading docks, and a long-term triple-net lease.

Property SizeContact for details
Days on Market144

Property Features for 4375 28th St SE

General Information

Standard status Active
Property subtype Retail
Listing Agency: Signature Associates Southfield
Listed By: Griffin Pitcher · License #MI 6501395533
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:26AM

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 Signature Associates Southfield

Investment Insights

Based on property information with market context.

This NNN retail property is fully leased to American Signature Inc. under a 15-year agreement with scheduled escalations every five years. The building combines showroom-oriented retail space with a rear warehouse component and offers a clear height ranging from 20 to 26 feet. Four exterior loading docks support receiving and distribution operations.

The property is located at 4375 28th St SE in Grand Rapids, near an I-96 access ramp and a short drive from Gerald R. Ford International Airport. American Signature Inc. is the parent company of American Signature Furniture and Value City Furniture, with operations spanning residential furniture manufacturing and distribution. The company’s family of businesses operates more than 100 stores.

Key Highlights

  • 100% leased to American Signature Inc. for 15 years
  • Triple‑net lease with escalations every five (5) years
  • Clear height ranges from 20‑26’

Property Analytics

Current Use

Loves Furniture & Mattresses Furniture & Home Goods Attic Animal Pest ... Bird Control Service Value City Furniture Furniture & Home Goods

Suggested Use

Top Pick HVAC Service Storage Facility Building Supply Garden Center Kitchen & Bath Showroom Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased retail facility with warehouse space, loading docks, and a long-term triple-net lease.
Where is this nnn property located?
The property is located at 4375 28th St SE Grand Rapids, MI.
What are key features of this property?
This property features: 100% leased to American Signature Inc. for 15 years; Triple‑net lease with escalations every five (5) years; Clear height ranges from 20‑26’
(248) 978-5421 Call to check price and availability
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