Property profile

5296 Eastern Ave Grand Rapids, MI 49508

OFF-MARKET
Retail properties & Spaces
78,213 SF
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Property summary

AI-generated overview

This exceptional 78,213 square foot retail shopping center is strategically located at 5296 Eastern Avenue SE, Suite A, in Grand Rapids, Michigan, within Kent County. The property features a single-tenant occupancy model, offering a significant opportunity for a business seeking a substantial retail presence. Currently, 4,659 square feet of space is available for lease, presenting a prime chance to establish or expand operations in a thriving market. The property's address is 5296 Eastern Avenue SE, Suite A, Grand Rapids, MI 49508. Its convenient location within Kent County provides excellent access to major transportation routes and a robust customer base. The building's total size of 78,213 square feet speaks to its scale and potential. This property is classified as a retail shopping center, ideal for a variety of businesses seeking high visibility and ample space. The available 4,659 square feet offers flexibility for customization to meet specific business needs. This is a rare opportunity to secure a significant retail space in a desirable Grand Rapids location. The property's size and location make it an attractive option for businesses looking to establish a strong foothold in the area. Interested parties are encouraged to inquire further to explore the leasing possibilities. The property is situated at latitude 42.8670648 and longitude -85.6428562.

Property profile

Verified
Property type Retail properties & Spaces
Total area 78,213 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Family Recreation Center
  • Church

Location

5296 Eastern Ave Grand Rapids, MI 49508
Grand Rapids metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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