4254 28Th St, Kentwood, MI 49512
Kentwood Towne Center presents a unique opportunity for a single-tenant retail user. This expansive 36,271 square foot space is ideally situated on the highly trafficked 28th Street retail corridor in Kent County, just six miles from downtown Grand Rapids. Boasting over 30,000 vehicles passing daily, this location benefits from exceptional visibility and accessibility. The property's strategic placement offers convenient access via a full interchange at I-96, placing it within easy reach of a substantial consumer base. Its proximity to major retail destinations such as Woodland Mall and Centerpointe Mall, along with the Gerald R. Ford International Airport (located only two miles away), further enhances its desirability. The center enjoys a strong co-tenancy lineup, including established national retailers such as Hobby Lobby, Ross Dress for Less, Floor & Decor, and PGA Golf Superstore, creating a synergistic environment and attracting significant foot traffic. This presents a rare chance to establish a prominent retail presence in a thriving commercial area with high visibility and strong consumer demographics. The entire space is currently vacant, offering a blank canvas for a discerning tenant to create a customized retail experience. This is an exceptional opportunity for a business seeking a high-impact location within a well-established retail center.
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.