Property profile

6101-6161 Kalamazoo Ave Grand Rapids, MI 49508

OFF-MARKET
Neighborhood centers
24,836 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 24,836 square feet of space in a thriving Grand Rapids, Michigan strip center. Anchored by a Family Fare grocery store, this property boasts a prime location just off the M-6 Expressway, ensuring high visibility and convenient access for customers. The center currently features four suites, with three available spaces ranging from 1,060 to 4,030 contiguous square feet, offering flexibility for various retail businesses. A total of 9,152 square feet is currently vacant, presenting a significant opportunity for expansion or new tenants. The property is zoned B-1 Retail and includes ample on-site parking for customer convenience. Its strategic location near Kentwood High School and Celebration Cinema guarantees a consistent flow of foot traffic. Established businesses such as Verizon, Sherwin Williams, and Hallmark are already thriving within this center, creating a strong and desirable retail environment. The property's APN is 41-22-05-226-005, located at 6101-6161 Kalamazoo Ave SE, Grand Rapids, MI 49508, in Kent County. This is an excellent investment opportunity in a high-demand area with significant potential for growth and return. The minimum divisible space is 1,060 square feet, making it ideal for a variety of businesses. Don't miss this chance to secure a space in this successful and well-located retail center.

Property profile

Verified
Property type Neighborhood centers
Total area 24,836 SF

Cap rate & NOI

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

Location

6101-6161 Kalamazoo Ave Grand Rapids, MI 49508
Grand Rapids metro
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Value estimations

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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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