Property profile

4254 28Th St Kentwood, MI 49512

OFF-MARKET
Retail properties & Spaces
36,271 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 36,271 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
  • Furniture & Home Goods Home Decor Store

Location

4254 28Th St Kentwood, MI 49512
Kentwood 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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