5246 Eastern Ave Kentwood, MI 49508
This exceptional retail property, located at 5246 Eastern Ave SE in Kentwood, Michigan, presents a significant investment opportunity. The property consists of two buildings totaling 78,213 square feet, currently featuring a single tenant occupancy with 1,599 square feet of vacant space available. Situated in Kent County, this shopping center benefits from high visibility and convenient access, making it an ideal location for a variety of retail businesses. The property's address is 5296 Eastern Ave SE, Kentwood, MI 49508. The existing building offers ample space for expansion or redevelopment, catering to a range of business needs. With its strategic location and substantial square footage, this property is poised for significant growth and return on investment. The property type is retail, specifically a shopping center. The single-tenant occupancy provides an opportunity for immediate income generation, while the available vacant space allows for expansion or the addition of new tenants. The property's location in Kentwood, Michigan, offers access to a thriving community and strong consumer base. This is a rare opportunity to acquire a well-positioned retail property in a desirable market. The property's size and location make it an attractive option for both established businesses and new ventures seeking a strong foothold in the Kentwood area. The 1,599 square feet of vacant space presents a unique opportunity for customization and tenant selection.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.