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1011-1045 Gezon Pky SW
Wyoming, MI 49509
Retail Property For Sale


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
PROPERTY TAXES
| Parcel Number | 41-17-35-258-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $84,100 |
PROPERTY TAXES
Parcel Number
41-17-35-258-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$84,100
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