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- LoopNet Team
2727 Alpine Ave
Grand Rapids, MI 49544
Home Depot, Walker · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
ABOUT 2727 ALPINE AVE , GRAND RAPIDS, MI 49544
Newmark Knight Frank is pleased to present the exclusive opportunity to acquire a highly sought-after Home Depot located in Walker, Michigan. Walker is centrally located in the Grand Rapids MSA, which features approximately 1,005,650 residents. The immediate trade area boasts approximately 177,000 residents and 119,000 daytime employees. This asset is the only home improvement retailer in the city of Walker, and the most prominent Home Depot servicing the north suburbs of Grand Rapids, located just off Interstate 96. The property features a building area of approximately 103,550 square feet with an additional 28,700 square foot garden center. The land area consists of approximately 14.64 acres. Home Depot has successfully operated at this site since 1991 and currently has ten (10) years remaining on their current term. The lease is structured with no landlord responsibilities. The offering provides investors with a true NNN lease from an investment grade tenant (Moody’s: A2) in a historically proven location with an additional (4), (5) year options to extend their term.
PROPERTY TAXES
| Parcel Number | 41-13-11-228-051 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,709,800 |
PROPERTY TAXES
