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    5370-5396 Division Ave Kentwood, MI 49548

    Sponsored
    For Lease
    $15 SF/Yr

    Grand Rapids retail space, 1,118 sq ft available.

    Lot size:
    19,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located within the Kellogg Center, a 19,600 square foot building situated on a 0.95-acre lot in Kent County. Built in 1995 and renovated in 2011, the property boasts a high-quality glass and stone façade, offering attractive building and pylon signage options. Its prime location on a hard corner provides excellent accessibility, featuring two curb cuts from S. Division and 54th St. SW. This vibrant retail area is anchored by major national retailers including Walmart, Home Depot, Target, Meijer, and Menards, ensuring high foot traffic and visibility. The building offers multiple tenancies, with 1,118 square feet currently available. The 2020 Common Area Maintenance (CAM) budget was $4.00 per square foot per year. This property presents a unique chance to establish a thriving business in a high-demand location. The building's modern aesthetic and strategic placement within a bustling retail corridor make it an ideal investment for discerning entrepreneurs.

    Property Features for 5370-5396 Division Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,600 SF
    Total Rate
    24500

    Building Details

    Year Built/Renovated
    1995/2011

    Unit(s) available at that property

    Space
    Suite 5394
    Size
    1,118 SF
    Rate per SF
    $15

    HighLights

    • 19,600 SF retail building, multi‑tenant, with 1,118 SF currently available.
    • Built in 1995, renovated in 2011.
    • High‑quality glass and stone façade.
    • Excellent signage opportunities, including pylon signage.
    • High‑visibility hard corner location with easy access from S. Division and 54th St. SW via two curb cuts.
    • Located in a prime retail corridor near major national retailers including Walmart, Home Depot, Target, Meijer, and Menards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.6635951
    Latitude
    42.8664408

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    FAQs

    What type of property is this?
    Individual retail property - Grand Rapids retail space, 1,118 sq ft available.
    Where is this individual retail property located?
    The property is located at 5370-5396 Division Ave Kentwood, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 19,600 SF retail building, multi-tenant, with 1,118 SF currently available.; Built in 1995, renovated in 2011.; High-quality glass and stone façade.
    Request Owner's contact information
    5370-5396 Division Ave Kentwood, MI 49548
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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
    5370-5396 Division Ave Kentwood, MI 49548
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