Arby's Ground Lease 241 Church St

The subject property is prominently located with excellent access and visibility along Church Street (13,272 AADT) adjacent to the I-196 arterial (67,551 AADT) linking Jenison to Grand Rapids. The site benefits from robust demographics with a population of 132,575 within a 5 mile radius, and is a daytime population hub with a total daytime population approximately 150% higher within a 1 mile radius than the base population. Average household income within 3 miles of the site is $105,523.
The property benefits from a prominent retail location in close proximity to major shopping centers, employers, and retail tenants. Nearby retail centers and major tenants include:
• Meijer – 2.6 million annual visits, top 10% location nationwide per Placer.Ai
• ALDI – 609,500 annual visits, top 10% location nationwide
• At Home – 238,000 annual visits
• Walmart Supercenter – 2.4 million annual visits
• Grandville Marketplace – 3.1 million annual visits
- Lowe’s – 794,200 annual visits
- PetSmart – 222,400 annual visits
- Hobby Lobby – 499,600 annual visits, #2 location in Michigan
• Costco – 3 million annual visits, #3 location in Michigan
• Wilson Town Center – 2.9 million annual visits
- Home Depot – 867,900 annual visits
- Best Buy – 313,300 annual visits
- Michael’s – 270,600 annual visits
• Bucktown Shopping Center – 4.8 million annual visits
- Target – 1.5 million annual visits, top 25% location in Michigan
- Cabela’s – 713,900 annual visits, #5 location nationwide, #1 location in Michigan