Endcap Retail
667 Hastings Avenue 103, Holland, MI 49423
For Sale
Contact for pricing
White-box commercial space in a new center alongside established grocery and dining operators.
Property Size1,104 SF
Price / SF$0.01
Days on Market110
Property Features for 667 Hastings Avenue 103
General Information
Standard status
Size
Site & Location
End Cap
Anchor Co-Tenants
Highway Access
Listing Agency:
Lakeshore Commercial Real Estate
Listed By:
Drew Alan Durham · License #6501355882
(616) 394-4500
Source:
Brendaharrisgroup
Added: Jul 20
Changed: Nov 3
Last Checked: Nov 6 at 8:52AM
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
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Investment Insights
Based on property information with market context.
This 1,104 SF retail suite occupies an end position within a newly built strip center at 667 Hastings Avenue, Suite 103, in Holland. Delivered in white-box condition, the space provides a clean starting point for a retailer or food-oriented concept. The end-unit configuration is suited to multiple layouts, including concepts such as a coffee shop or ice cream parlor with drive-through service.
The property is situated on Holland’s Southside with MGB Market and Goog’s Pub N Grub operating next door. Access to US-31 provides convenient connectivity for customers and staff. The surrounding center environment combines the available suite with established neighboring retail and dining uses.
The property is situated on Holland’s Southside with MGB Market and Goog’s Pub N Grub operating next door. Access to US-31 provides convenient connectivity for customers and staff. The surrounding center environment combines the available suite with established neighboring retail and dining uses.
Key Highlights
- 1,104 SF white‑box retail suite
- End‑unit position in a newly built strip center
- MGB Market and Goog’s Pub N Grub located next door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,461
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,220
$229.2K
Cap Rate 7%
$163,729
$163.7K
Cap Rate 9%
$127,344
$127.3K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$17.1K $15.48/SF
− Vacancy
−$718 −$0.65/SF
EGI
$16.4K $14.83/SF
− OpEx
−$4.9K −$4.45/SF
NOI
$11.5K $10.38/SF
Area
Ottawa County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,220
Cap Rate 7%
$163,729
Cap Rate 9%
$127,344
Alternative Uses
Best Use
Retail
$163.7K
$143.3K – $191.0K
NOI $11,461 @ 7.0% cap · market cap 71,631.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$13.73M
$12.01M – $16.02M
NOI $960,998 @ 7.0% cap · market cap 6,006,237.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
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
$254,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Ottawa County, MI
Properties on Market for Retail space in Ottawa County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - White-box commercial space in a new center alongside established grocery and dining operators.
Where is this retail space located?
The property is located at 667 Hastings Avenue 103 Holland, MI.
What are key features of this property?
This property features: 1,104 SF white‑box retail suite; End‑unit position in a newly built strip center; MGB Market and Goog’s Pub N Grub located next door
