Retail Space For Sale @ 2101 28th St Se

2101 28th St SE, Grand Rapids, MI 49508

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Cameron T.

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This offering consists of 91,255 SF multi-tenant shopping center.

• Stabilized Asset with strong Upside: Opportunity to own a quality investment asset, priced on in-place income. The property offers a strong, stable and diversified tenant base, while also offering strong upside from lease up of available space and lease rate increase.

• Appealing Tenant Mix and Rent Roll: Diverse rent roll that boasts some national brand name tenants as well as strong regional and local tenants.

• Little Deferred Maintenance: Well-maintained building with some capital improvements made recently – reduces need for major capital expenses in near future.

• Prime Retail District: Strong retail location, situated on East 28th street, Grand Rapids strongest retail district.

• Priced Below Replacement Cost: Maintain rental pricing advantage over any new building constructed in the market, while offering modern retail appeal.

• Stable and Diverse Economy: The West Michigan/Greater Grand Rapids area is a vibrant and rapidly evolving community that offers a dynamic and growing economy anchored by a number of significant home based corporations, in addition to a strong medical component

Listing company: NAI Wisinski of West Michigan

Pricing: Contact for Pricing

Availability: Now

Listing ID: 1046888


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Sale Price: $0

Type: Retail Space

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