3500 Remembrance RdWalker, MI 49534

This exceptional investment opportunity presents a multi-tenant retail center located at 3500 Remembrance Rd NW, Grand Rapids, MI 49534, in Kent County. The property, built in 2004, boasts a substantial 15,906 square feet on a 2.45-acre lot, zoned C-1 Commercial. Currently operating at 100% occupancy, the building features a diverse tenant mix including Dollar Tree (anchor tenant since 2016), Spunky Monkey Vape Store, JJ Wright's Salon, Jia Yuan Chinese Restaurant, and Nicole's Summer Haze. All current leases extend at least through 2025, ensuring a stable income stream. The property enjoys a highly visible location on a major road with an estimated 10,000 vehicles per day, providing excellent accessibility and exposure. The asking price is $2,387,613, representing a price per square foot of $150.11 and a 5.80% cap rate with a Net Operating Income (NOI) of $138,416. This NNN-leased property offers a strong return on investment for the discerning buyer seeking a stable, multi-tenant retail asset in a prime Grand Rapids location. The property's strong tenant base and long-term leases make it an attractive investment opportunity with significant potential for future growth.