25 Ida Red Ave, Sparta, MI 49345

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Building Details:

• Year Built: 1992

25 Ida Red Ave is located in Sparta, MI.

Description
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The Apple Valley Center is a 15,000 sqft shopping center anchored by the State of Michigan and All About Learning. There are two 1500 sqft units available for lease and some great value add potential. The center has a large parking lot and lots of green space. Apple Valley Center's in-place cap rate is 13%. Based on the proforma for 2013 the cap rate rises to 15.6%.

The Apple Valley Center is located in the Northwest Grand Rapids suburb of Sparta, off of the main access Division St, between Applewood Dr and Ida Red Ave. McDonalds and Choice One Bank are adjacent to the Apple Valley Center. The Apple Tree Apartments, one of the largest apartment developments in the area, are across Ida Red Ave from the center.

Contact Coleman Baar of RE/MAX Commercial Group for mor details. My cell phone number is (678) 488-8477