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1011-1045 Gezon Pky SW 25,668 SF 100% Leased Retail Building Wyoming, MI 49509 $4,768,000 ($185.76/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Occupied
  • Multi Tenant Center
  • Strong Suburban Location

EXECUTIVE SUMMARY

Advantage Commercial Real Estate is pleased to present the sale of 1045 Gezon Parkway SW, a 25,668 SF multi-tenant retail center located in Wyoming, MI, a growing suburb of Grand Rapids. Situated on 2.96 acres along the busy Gezon Parkway corridor, the property benefits from strong visibility, modern construction, and stable in-place income.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,668 SF
Building Class
B
Year Built
2007
Price
$4,768,000
Price Per SF
$185.76
Cap Rate
8%
NOI
$381,440
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.76 AC
Zoning
B-3 - Commercial district zone
Parking
144 Spaces (5.61 Spaces per 1,000 SF Leased)
Frontage
416’ on Gezon Pky

AMENITIES

  • Pylon Sign

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • All Seasons Casual Home & Patio
  • Retailer
  • -
  • -
  • -
  • Dekk Patio & Home Llc
  • Construction
  • -
  • -
  • -
  • Higher Health Chiropractic
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Before launching Lakeshore Sewing in 1973, Chuck Collins worked in the shoe industry and managed a Meijer Thrifty Acres store. He got experience with sewing machines and an appreciation for the sewing industry while working for City Sewing Center of Kalamazoo, Michigan, and he decided he wanted to pursue his dream and open a sewing machine store of his own. He and his wife, Donna, started small, partnering with Gene Boyd and Ray Muir, who already owned a store called LAKESHORE SEWING in Holland, Michigan. Chuck and Donna opened a store with that name on Apple Avenue at Quarterline Road in Muskegon, Michigan. In 1975, Gene opened a third Lakeshore Sewing store on Savidge Street in Spring Lake, Michigan. In 1977 Chuck and Donna bought out the partners and acquired the Holland store. Two years later they opened a store on South Division at 32nd Street in Grand Rapids.

  • Sky Nails
  • -
  • -
  • -
  • -
  • West Michigan Surgical
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
All Seasons Casual Home & Patio Retailer - - -
Dekk Patio & Home Llc Construction - - -
Higher Health Chiropractic Health Care and Social Assistance - - -
Retailer - - -
Sky Nails - - - -
West Michigan Surgical Health Care and Social Assistance - - -

NEARBY MAJOR RETAILERS

Starbucks
Steak ‘n Shake
Chili's Grill & Bar
PNC Bank
Macatawa Bank
Meijer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-17-35-258-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$84,100
  • Listing ID: 38255896

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 1011-1045 Gezon Pky SW, Wyoming, MI 49509

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