Property summary
Attached is an offering memorandum for a 79,000 SF neighborhood plaza in Grand Haven, MI, located 30 miles west of Grand Rapids along the shores of Lake Michigan. The tenant mix is comprised of 60% retail and 40% health services/medical related with 65% of the tenants having annual CPI increases. The plaza is currently over 98% occupied but provides an opportunity to reposition the property by replacing local tenants with a deeper mix of regional or national operators on triple net leases. Grand Haven’s summer population swells to 300,000 due to tourism despite a population of 46,000 and average household income of $102,000 within five miles.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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