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    FOR LEASE
    Strip malls

    4763 Wilson Ave SW, Grandville, MI 49418

    25,656 SF 2.61 ac lot Built 2004
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US43-1152494
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 4763 Wilson Avenue SW in Grandville, Michigan, within Kent County (zip code 49418). The property is a strip center offering two available suites, ranging in size from 1,800 to 2,300 square feet. Its strategic location directly across from RiverTown Mall and near Grandville High School places it in the heart of Grandville's thriving commercial district. The property benefits from high visibility and accessibility via direct access to Wilson Avenue. Ample parking is available for customers and employees. The surrounding area boasts a strong presence of national retailers, including Costco, Best Buy, Duluth Trading, HomeGoods, and Home Depot, creating a robust and desirable commercial environment. This location ensures high foot traffic and excellent exposure for businesses seeking a prime retail space in a bustling community. The multiple tenancy setup offers flexibility for various business types. This property presents a unique chance to establish or expand a business in a high-traffic, well-established commercial area of Grandville. The property's proximity to major retailers and a high school guarantees a consistent flow of potential customers.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2004
    Total area 25,656 SF
    Lot 2.61 ac (113,692 SF)
    Zoning code PUD
    APN 41-17-30-277-007
    UPID US43-1152494
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Grand Pointe Property LLC · 18 yrs held
    Grand Pointe Property LLC
    since 2007
    7 recorded transactions
    2017
    2017
    2007
    $6.2M
    1969
    1969
    1969
    1969
    Zoning & alternative use
    PUD · Grandville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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