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    5219 Northland Dr Grand Rapids, MI 49525

    Sponsored
    For Lease
    $17 SF/Yr ($5,427 /Mo)

    High-traffic retail space, ample parking.

    Lot size:
    3,831 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,831 square foot retail space in Grand Rapids, Michigan, is located at 5219 Northland Drive NE, within a shopping center anchored by Family Fare. Currently, 1,831 square feet is available for lease, representing a significant portion of the building's total area. The property boasts ample parking, catering to the needs of both tenants and customers. The zoning is commercial, and the Kent County APN is 41-10-23-376-030. This endcap space benefits from high visibility and excellent access, situated next to established businesses such as Chow Hound, Starbucks, and Jonathan Stevens Mattress Co. The property enjoys a strategic location with significant traffic volume, boasting an average daily traffic count of 27,157 vehicles on Northland Drive. This makes it an ideal location for a variety of retail businesses seeking high foot traffic and strong visibility in a thriving commercial area. The property is classified as a shopping center with multiple suites, although only one suite is currently available. The zip code is 49525.

    Property Features for 5219 Northland Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,831 SF
    Total Rate
    5427.25

    Unit(s) available at that property

    Space
    Suite - 5269
    Size
    1,831 SF
    Rate per SF
    $17

    HighLights

    • Prime location.
    • Building and pylon signage available for branding.
    • Abundant parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.5809992
    Latitude
    43.0577989

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space, ample parking.
    Where is this lifestyle center located?
    The property is located at 5219 Northland Dr Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Prime location.; Building and pylon signage available for branding.; Abundant parking.
    Request Owner's contact information
    5219 Northland Dr Grand Rapids, MI 49525
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    Grand Rapids, MI 49525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5219 Northland Dr Grand Rapids, MI 49525
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