5370-5396 Division Ave Kentwood, MI 49548
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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