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1021 28th Street SW 1021 28th St SW 1,212 - 2,635 SF of Retail Space Available in Grand Rapids, MI 49509
Highlights
- Join Sherwin Wililiams at 1021 28th Street SW in Wyoming, MI.
- Building Signage Visibility Equivalent to Billboard Advertising Costs of $62,019 Per Year.
- Over 500,000 SF of critical retail and restaurant mass adjacencies to 1021 28th Street SW.
- Retail building visible to approximately 32,613 vehicles per day on 28th Street SW.
- Retail trade area serves a population of over 1,064,215 people and 83,500 higher education students.
- Skilled local property management works diligently to ensure the success of tenants by providing a professional, well-maintained environment.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1021 | 1,212-2,635 SF | 8’ - 11’ | Negotiable | $29.99 /SF/YR $2.50 /SF/MO $79,024 /YR $6,585 /MO | Triple Net (NNN) |
1st Floor, Ste 1021
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air Conditioning
- Finished Ceilings: 8’ - 11’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,635 SF | Gross Leasable Area | 7,861 SF |
| Min. Divisible | 1,212 SF | Year Built/Renovated | 1958/2004 |
| Property Type | Retail | Parking Ratio | 11.19/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | n/a |
| Total Space Available | 2,635 SF |
| Min. Divisible | 1,212 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,861 SF |
| Year Built/Renovated | 1958/2004 |
| Parking Ratio | 11.19/1,000 SF |
| Cross Streets | n/a |
About the Property
Join Sherwin Williams at 1021 28th Street SW. Strategically located along 28th Street SW, the site offers unmatched brand exposure with visibility to over 32,613 daily drivers on 28th Street SW. The site also benefits from the area’s dense retail including Aldi, Planet Fitness, Ross Dress for Less, and Family Fare nearby. Synonymous with experiential dining and destination shopping, Woodland Mall is an eleven-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 279,569 people lives within a five-mile radius of the property, with the average household income exceeding $70,810. Wyoming residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 10 minutes southwest of Downtown Grand Rapids, the Wyoming area has been rapidly growing with a projected population growth of 3.9% over the next five years. Together these residents make up a total annual consumer spending of over $4.68 billion, over $543 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Grand Rapids and make it an excellent area to locate a company.
- 24 Hour Access
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
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1021 28th Street SW | 1021 28th St SW
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