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    6101-6161 Kalamazoo Ave Grand Rapids, MI 49508

    Sponsored
    For Lease
    $16 SF/Yr

    Family Fare-anchored, high-traffic location.

    Lot size:
    24,836 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 24,836 square feet of space in a thriving Grand Rapids, Michigan strip center. Anchored by a Family Fare grocery store, this property boasts a prime location just off the M-6 Expressway, ensuring high visibility and convenient access for customers. The center currently features four suites, with three available spaces ranging from 1,060 to 4,030 contiguous square feet, offering flexibility for various retail businesses. A total of 9,152 square feet is currently vacant, presenting a significant opportunity for expansion or new tenants. The property is zoned B-1 Retail and includes ample on-site parking for customer convenience. Its strategic location near Kentwood High School and Celebration Cinema guarantees a consistent flow of foot traffic. Established businesses such as Verizon, Sherwin Williams, and Hallmark are already thriving within this center, creating a strong and desirable retail environment. The property's APN is 41-22-05-226-005, located at 6101-6161 Kalamazoo Ave SE, Grand Rapids, MI 49508, in Kent County. This is an excellent investment opportunity in a high-demand area with significant potential for growth and return. The minimum divisible space is 1,060 square feet, making it ideal for a variety of businesses. Don't miss this chance to secure a space in this successful and well-located retail center.

    Property Features for 6101-6161 Kalamazoo Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,836 SF
    Total Rate
    33114.67

    Unit(s) available at that property

    Space
    Suite 6147
    Size
    1,080 SF
    Rate per SF
    $17
    Space
    Suite 6159
    Size
    2,982 SF
    Rate per SF
    $16
    Space
    Suite 6155
    Size
    1,060 SF
    Rate per SF
    $17
    Space
    Suite 6101 A
    Size
    4,030 SF
    Rate per SF
    $16

    HighLights

    • 14‑foot ceilings.
    • On‑site parking available.
    • High visibility from street.
    • Convenient access to US‑131 and I‑96.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6256984
    Latitude
    42.8530647

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    FAQs

    What type of property is this?
    Neighborhood center - Family Fare-anchored, high-traffic location.
    Where is this neighborhood center located?
    The property is located at 6101-6161 Kalamazoo Ave Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $16-$17 SF/Yr.
    What are key features of this property?
    This property features: 14-foot ceilings.; On-site parking available.; High visibility from street.
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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
    6101-6161 Kalamazoo Ave Grand Rapids, MI 49508
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