West Michigan Retail Portfolio
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West Michigan Retail Portfolio
3 Retail Properties Offered at $7,527,158 in Multiple Locations
Investment Highlights
- Heavy Daytime / Nightime Traffic
- Well Established Owners
Executive Summary
Northstar Commercial is pleased to market this three building portfolio consisting of 36,191 sf in West Michigan. All three assets are unique. 3500 Remembrance Rd offers a stabilized NNN investment opportunity anchored by Dollar Tree. 2739 Breton Rd offers a value add sale leaseback opportunity as the current owner has an 8 year lease left in place and offers 6500sf of additional retail / office space for lease. 4505 Canal St is a stabilized investment opportunity structured as a sale leaseback with 10+ years of term. Both restaurants at 4505 Canal St and 2379 Breton Rd are operated by the same operator with over 20+ years of experience.
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Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Columbia Building
2739 Breton Rd SE, Grand Rapids, MI 49546 |
Retail | 12,400 SF | 1963 | $1,844,550 |
| 4505 Canal Ave SW, Grandville, MI 49418 | Retail | 7,829 SF | 2001 | $3,284,914 |
| 3500 Remembrance Rd NW, Walker, MI 49534 | Retail | 15,600 SF | 2004 | - |
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Jack VanGessel -
North Star Commercial LLC
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West Michigan Retail Portfolio
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