Retail Space on Division
For Lease
Contact for pricing
5520 Division Ave S, Grand Rapids, MI 49548
Retail space available on a busy street with ample parking.
Property Size1,800 SF
Days on Market732
Property Features for 5520 Division Ave S
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Retail
Building Details
Year Built
1985
Listing Agency:
Signature Associates
(616) 235-0900
Listed By:
Joe Rizqallah · License #MI
Source:
Crexi
Added: Jul 30, 2024
Changed: Jul 10
Last Checked: Jul 30 at 6:01AM
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 Signature Associates
Investment Insights
Based on property information with market context.
This property offers 1,800 square feet of retail space situated along Division Avenue and 54th Street. The location features a large pylon sign and ample parking. The site is positioned along the Rapids Silver Line bus route. Nearby businesses include Walmart, Kum & Go, and Home Depot.
Key Highlights
- Prime retail space offering 1,800 sf on busy Division Avenue & 54th Street.
- High‑traffic location near Walmart, Kum & Go, and Home Depot.
- Ample parking available for customers and staff.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 47%
Electronics 5%
Popeyes Louisiana Kitchen
Dining
10,885 visits/mo
0.3 miles
Mobil
Shops & Services
5,425 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,297 visits/mo
0.1 miles
Boost Mobile
Electronics
1,127 visits/mo
0.2 miles
Demographics for 49548, MI
34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value
Market
Lease Benchmarks for Grand Rapids, MI
$18.27 /SF/Yr
Avg Asking Price
$11–$35 /SF/Yr
Price Range
40,098 SF
Avg Space Size
This space is priced 18% below the average of $18.27 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available on a busy street with ample parking.
Where is this retail space located?
The property is located at 5520 Division Ave S Grand Rapids, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime retail space offering 1,800 sf on busy Division Avenue & 54th Street.; High‑traffic location near Walmart, Kum & Go, and Home Depot.; Ample parking available for customers and staff.
