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5995 Kalamazoo Ave SE

17,787 SF 100% Leased Retail Building Kentwood, MI 49508 $3,950,000 ($222/SF) 6.31% Cap Rate

Retail Buildings Michigan Kentwood 5995 Kalamazoo Ave SE, Kentwood, MI 49508

Investment Highlights

  • Situated on a hard lighted corner intersection of 60th and Kalamazoo Ave.
  • Over 250' of frontage with ingress/egress on both 60th and Kalamazoo Ave.

Executive Summary

Brand new Dollar Tree Triple Net Lease tenant inside former Rite Aid suite, situated on a hard lighted corner intersection of 60th and Kalamazoo Ave, Over 250' of frontage with ingress/egress on both 60th and Kalamazoo Ave. Property is a half mile from M-6 interchange.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,787 SF
Building Class
C
Year Built
1985
Price
$3,950,000
Price Per SF
$222
Cap Rate
6.31%
NOI
$249,308
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.23 AC
Zoning
C-2 - Commercial
Parking
99 Spaces (5.57 Spaces per 1,000 SF Leased)
Frontage
142 FT on 60th St St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
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Nearby Major Retailers

Chase Bank
Steak ‘n Shake
Huntington Bank
BIGGBY Coffee
Starbucks
Family Fare Supermarkets
Mayweather Boxing + Fitness
PNC Bank
Bob Evans Restaurants
Logan's Roadhouse

PROPERTY TAXES

Parcel Number 41-18-32-476-042 Improvements Assessment $0
Land Assessment $0 Total Assessment $936,800

PROPERTY TAXES

Parcel Number
41-18-32-476-042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$936,800
(616) 235-0900

Contact

  • Listing ID: 29724155

  • Date on Market: 10/6/2023

  • Last Updated:

  • Address: 5995 Kalamazoo Ave SE, Kentwood, MI 49508

More public record information on 5995 Kalamazoo Ave SE, Kentwood, MI 49508

The Retail Property at 5995 Kalamazoo Ave SE, Kentwood, MI 49508 is currently available for sale. Contact Signature Associates for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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5995 Kalamazoo Ave SE, Kentwood, MI for sale Building Photo- Image 1 of 10
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5995 Kalamazoo Ave SE, Kentwood, MI for sale Site Plan- Image 9 of 10
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5995 Kalamazoo Ave SE
(616) 235-0900 x

5995 Kalamazoo Ave SE

Joe Rizqallah

(616) 235-0900

(616) 235-0900

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