Property profile

12365 James St Holland, MI 49424

OFF-MARKET
Community centers
Property ID
US43-0836181
10,300 SF 41.07 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Total area 10,300 SF
Lot 41.07 ac (1,788,835 SF)
Zoning code C-2
APN 70-16-16-451-008
UPID US43-0836181

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
  • Medical Clinic
  • Gym & Fitness Center
  • Physician
  • Restaurant
  • Financial Advisor

Location

12365 James St Holland, MI 49424-8699
Holland metro Census 22207 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

Zoning & alternative use

C-2 · Holland, MI

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12365 James St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message