12365 James St Holland, MI 49424-8699
Property profile & analytics
12365 James St Holland, MI 49424-8699
- Community centers
- 10,300 SF
- 41.07 lot acres
Property ID
US43-0836181
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- ATI Physical Therapy / Medical Clinic
- Orangetheory Fitness / Gym & Fitness Center
- Mrs. Nichole Eickholt / Physician
- Chipotle Mexican Grill / Restaurant
- Charles Schwab / Financial Advisor
Property Details for 12365 James St
- Lot size
- 41.07 lot acres
- Property size
- 10,300 SF
- Zone code
- C-2
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 70-16-16-451-008
- APU
- 701616451008
Description
This exceptional investment opportunity presents two Class A, multi-tenant retail buildings totaling 20,522 square feet, situated on James Street in Holland, Michigan. The property, built in 2016 and 2000, boasts 100% occupancy with a diverse tenant mix including Chipotle, Noodles & Co, SVS, and Orange Theory. Eight tenants are currently under corporate guarantees, providing strong financial stability. The property features 2,500 shared parking spaces, excellent freeway visibility with over 41,000 vehicles per day, and prime location within a thriving commercial district. Benefiting from 360 feet of frontage on James Street and US Highway 31, the property offers multiple ingress/egress points and prominent signage opportunities. The asking price is $6,568,480, representing a 7.50% cap rate and a NOI of $492,636. This fee-simple offering is ideal for investors seeking a stable, high-performing retail portfolio. The property's strategic location near the Grand Rapids Community College Lakeshore Campus ensures consistent foot traffic and strong tenant demand. The buildings are offered individually or as a portfolio, providing flexibility for potential buyers. This is a rare opportunity to acquire a fully occupied, high-quality retail investment in a prime location. The NNN lease structure minimizes landlord responsibilities, further enhancing the investment's appeal.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Holland
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.0874
- Latitude
- 42.8157
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,317
$0.00
$0.00
$1,196,500
-
$0.00
$0.00
$2,393,000
