NNN

Grand Rapids, MI NNN Properties for Sale

Notify Me
List
Map
Ada, MI Belmont, MI Comstock Park, MI East Grand Rapids, MI Kentwood, MI Rockford, MI Wyoming, MI Byron Center, MI
Retail Building with Service Bays
Updated: Jul 18
Retail Building with Service Bays

Grand Rapids, MI 49525

$1,080,000
8,100 sqft
Three fully leased retail units totaling approximately 8,100 SF
NNN lease terms with extensions of another 4 to 5 years
Service bays and overhead doors for flexible tenant use
Rubber roof
Lot dimensions 140x245 IRREG
View details
Absolute NNN Retail Investment
Updated: Apr 12
Absolute NNN Retail Investment

3920 28th St SE, Grand Rapids, MI 49512

Contact for pricing
8,530 sqft 2.00 AC lot
Standalone Red Lobster at 3920 28th Street S.E., Grand Rapids, MI on an estimated 2.00‑acre parcel
8,530 rentable SF building on the site
25‑year absolute triple‑net (NNN) lease through July 31, 2039
Annual rent is $260,976 effective August 1, 2021 and increases 2% annually through the base term
Two percent (2%) annual rent increases also apply throughout the four (4) five‑year renewal options
View details
Grand Rapids Automotive Investment Opportunity
Grand Rapids Automotive Investment Opportunity

4329 Plainfield Ave NE, Grand Rapids, MI 49525

Contact for pricing
5,810 sqft

Net leased automotive property with long-term corporate lease.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Freestanding Flex Space with Absolute NNN
Freestanding Flex Space with Absolute NNN

1811 4 Mile Rd NE, Grand Rapids, MI 49525

Contact for pricing
48,324 sqft 10.20 AC lot

Free-standing flex space leased on an absolute NNN basis to Progressive AE since its 1992 construction.

View details
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triple-Net Restaurant Property
Triple-Net Restaurant Property

21 N Beacon Blvd, Grand Haven, MI 49417

Contact for pricing
2,282 sqft 0.87 AC lot

Single-tenant Stan’s Taco is offered with a new 15-year triple-net lease featuring scheduled rent increases.

View details
Freestanding Drive-Thru QSR Net Lease
Freestanding Drive-Thru QSR Net Lease

3176 W Shr Dr, Holland, MI 49424

Contact for pricing
3,378 sqft 1.00 AC lot

Single-tenant freestanding QSR with drive-thru, dual curb cuts, and an absolute NNN lease with 17+ years remaining.

View details
NNN Industrial Portfolio
NNN Industrial Portfolio

3303 John F Donnelly Dr, Holland, MI 49424

Contact for pricing
313,610 sqft

Three-asset, 100%-occupied NNN industrial portfolio with credit tenants and long-term leases.

View details
Admiral Petroleum NNN Gas Station
Admiral Petroleum NNN Gas Station

12160 W Olive Rd, Grand Haven, MI 49417

Contact for pricing

A 1992-built gas station with a long-term 20-year NNN lease on an estimated 1.15-acre parcel.

View details

Grand Rapids, MI Nnn Properties Market Trends and Statistics

Explore 4 nnn properties for sale in Grand Rapids, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 70,764 square feet of properties for sale, with an estimated market value of $1,080,000.

Sale prices for triple net lease properties in Grand Rapids, MI average $1,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 434K
Population Growth (5Y) +2.4%
Median Household Income $74,271
College Educated 24.5%

High-Yield Neighborhoods for Investment

Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49525 $1.1M

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings