3130 Alpine Ave NW
Grand Rapids, MI 49544
Crunch Fitness · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Long-Term 15-Year Lease with Three, 5-Year Options Available
- Positioned Along a Main Commercial Corridor Surrounded by a Plethora of National Retailers
- Situated Along Alpine Avenue which is a Main North-South Thoroughfare Connecting the City of Walker to I-96 and US Route 131
- Lease Features Strong 10% Rental Increases Every 5 Years Throughout the Term and in Each Option Offering a Hedge Against Inflation
- New McAlister's Deli Currently Being Developed Adjacent to the Subject Property Displaying Strong Continuous Economic Development in the Immediate Are
- Excellent Visibility with Frontage and Signage Along Alpine Avenue | Traffic Counts Exceed 50,600+ Vehicles Per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
45,763 SF
Building Class
C
Year Built/Renovated
1989/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
5.56 AC
Parking
300 Spaces (6.56 Spaces per 1,000 SF Leased)
Frontage
482’ on Alpine Ave
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,157,400 |
