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Drug Store at Signalized Corner
For Sale
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5603 Byron Center Avenue Southwest, Wyoming, MI 49509

Freestanding retail asset with an active Dollar General sublease and access to major regional roadways.

Property SizeContact for details
Days on Market8

Property Features for 5603 Byron Center Avenue Southwest

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Elevate Net Lease
Listed By: Robert Michil · License #MI 6505433330
Source: Crexi
Added: Sep 2 Changed: Sep 8 Last Checked: Sep 8 at 8:56AM

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 Elevate Net Lease

Investment Insights

Based on property information with market context.

This drug store property is currently subleased to Dollar General and occupies a signalized hard corner at Byron Center Avenue Southwest and 56th Street Southwest. The site serves the Greater Grand Rapids Trade Area and benefits from direct exposure along an established commercial corridor.

Traffic counts exceed 21,000 vehicles per day on Byron Center Ave SW and 12,000 vehicles on 56th St SW. The surrounding area includes national retailers and restaurants such as Walmart, Target, Lowe's, Home Depot, McDonald's, Starbucks, and KFC. US-131 provides regional connectivity across the Grand Rapids Metropolitan Area, while the surrounding three-mile area includes more than 31,000 daytime employees and a projected five-year population increase of +2.20%.

Key Highlights

  • Currently subleased to Dollar General
  • Signalized hard corner at Byron Center Ave SW and 56th St SW
  • More than 21,000 vehicles daily on Byron Center Ave SW

Property Analytics

Current Use

CDReload - Online Bitcoin ... Crypto Atm UPS Access Point ... Courier Service Coinhub Bitcoin ATM ... Atm Joshua Denner Pharmacy LibertyX Bitcoin ATM Atm

Suggested Use

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

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 47% Dining 41% Electronics 7% Hotels & Casinos 5%
Family Fare Groceries
34,511 visits/mo 0.1 miles
McAlister's Deli Dining
18,838 visits/mo 0.0 miles
BIGGBY COFFEE Dining
6,862 visits/mo 0.1 miles
AT&T Electronics
3,822 visits/mo 0.1 miles
Jimmy John's Dining
2,265 visits/mo 0.1 miles

Demographics for 49509, MI

28,340
Population
10,611
Households
2.7
Avg Household Size
34
Median Age
19%
College-Educated
85%
High-School Grad
7.3 sq mi
ZIP Area
3,882
Density / Sq Mi
$64,981
Median Household Income
$38,356
Median Earnings
$983
Median Rent
$183,400
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
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Similar Off Market Nearby

  • St Mary's Pharmacy Services 2373 64th St SW # 1100, Byron Center, MI 49315
  • Trinity Health Pharmacy Byron Center 2373 64th St SW Ste 1000, Byron Center, MI 49315
  • Lindsey Post 2275 Health Dr SW, Wyoming, MI 495199625
  • Ashley Diedrich 2275 Health Dr SW, Wyoming, MI 495199625
  • Joshua Denner 5603 Byron Center Ave SW, Wyoming, MI 495198606

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding retail asset with an active Dollar General sublease and access to major regional roadways.
Where is this drug store located?
The property is located at 5603 Byron Center Avenue Southwest Wyoming, MI.
What is the asking price?
The asking price for this property is $3,989,783.
What are key features of this property?
This property features: Currently subleased to Dollar General; Signalized hard corner at Byron Center Ave SW and 56th St SW; More than 21,000 vehicles daily on Byron Center Ave SW
More about this property
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