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Grand Central Plaza 2035-2055 28th St 2,000 - 10,640 SF of Retail Space Available in Grand Rapids, MI 49508
HIGHLIGHTS
- busy location on 28th st, about 55,000 cars a day
- solid building
- best price in area
- lots of parking spaces
- flexible lease terms
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A, B, C, D | 2,000-10,640 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $106,400 /YR $8,867 /MO | Modified Gross |
2055-2101 28th St SE - 1st Floor - Ste A, B, C, D
Finished walls and finished ceiling. Tenant can make modifications.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Smoke Detector
- Visible on 28th Street
- High traffic area
- Ideal for restaurant
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.
SELECT TENANTS AT GRAND CENTRAL PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Buffalo Wild Wings
- Restaurant
- 1,665
- International
- Kelly Services
- Employment Agency
- 471
- International
- Master Spas Of West Michigan
- Other Retail
- 2
- Local
- Rent-A-Center
- Rental Shop
- 3,245
- International
- Rosary Book & Gift Shoppe
- Retailer
- 1
- -
- Thai Bistro
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Buffalo Wild Wings | Restaurant | 1,665 | International |
| Kelly Services | Employment Agency | 471 | International |
| Master Spas Of West Michigan | Other Retail | 2 | Local |
| Rent-A-Center | Rental Shop | 3,245 | International |
| Rosary Book & Gift Shoppe | Retailer | 1 | - |
| Thai Bistro | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,640 SF | Center Properties | 2 |
| Min. Divisible | 2,000 SF | Frontage | 1,000’ on 28th street |
| Center Type | Neighborhood Center | Gross Leasable Area | 91,255 SF |
| Parking | 473 Spaces | Total Land Area | 17.40 AC |
| Stores | 44 | Year Built | 1988 |
| Total Space Available | 10,640 SF |
| Min. Divisible | 2,000 SF |
| Center Type | Neighborhood Center |
| Parking | 473 Spaces |
| Stores | 44 |
| Center Properties | 2 |
| Frontage | 1,000’ on 28th street |
| Gross Leasable Area | 91,255 SF |
| Total Land Area | 17.40 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Multi-tenant shopping center with restaurants, great visibility on busy 28th Street, Grand Rapids, Michigan, huge parking spaces, solid building, great neighborhood.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
Presented by
VJ Realty
Grand Central Plaza | 2035-2055 28th St
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