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Neighborhood Retail Center
For Lease
$12 SF/Yr

70-1111 Washington Ave, Holland, MI 49423

Neighborhood shopping center on S Washington Avenue with 2024 AADT of 19,364.

Space SizeContact for details
Days on Market217

Property Features for 70-1111 Washington Ave

General Information

Standard status Active

Additional Details

Traffic Count 19,364 vehicles/day
Listing Agency: Lakeshore Commercial Real Estate
Listed By: Michael Nagelkirk · License #6501194952
Source: Exprealty
Added: Jan 7 Changed: Aug 10 Last Checked: Aug 11 at 11:26AM

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 Lakeshore Commercial Real Estate

Investment Insights

Based on property information with market context.

This neighborhood shopping center is located in a well-established Washington retail district along S Washington Avenue. The property is adjacent to Holland’s south side Family Fare and sits just north of Exit 47 on I-196/US-31.

S Washington Avenue is described as heavily traveled, and the 2024 AADT traffic count is 19,364. The center’s setting includes a mix of regional or national tenants as well as locally owned businesses, supporting a practical retail environment for a broad range of neighborhood-oriented operations.

The offering is available for rent.

Key Highlights

  • Neighborhood shopping center on S Washington Avenue (US‑31 Business route).
  • Adjacent to Holland’s south side Family Fare.
  • Just north of Exit 47 I‑196/US‑31.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Nail Salon Hair Salon Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Plumbing 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

19,364 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Holland, MI

$15.22 /SF/Yr
Avg Asking Price
$12–$17 /SF/Yr
Price Range
2,747 SF
Avg Space Size

This space is priced 21% below the average of $15.22 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center on S Washington Avenue with 2024 AADT of 19,364.
Where is this shopping center located?
The property is located at 70-1111 Washington Ave Holland, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Neighborhood shopping center on S Washington Avenue (US‑31 Business route).; Adjacent to Holland’s south side Family Fare.; Just north of Exit 47 I‑196/US‑31.
More about this property
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