Log In/Sign Up
Your email has been sent.
3224 28th St SE 6,000 SF 100% Leased Retail Building Grand Rapids, MI 49512 $4,381,666 ($730.28/SF) 6% Cap Rate
Executive Summary
CBRE is pleased to exclusively market a new freestanding Veterinary Emergency Group in Grand Rapids, Michigan, located at 3224 28th street. VEG signed a new lease in August of 2025 and expects to open for business in February 2026, following a $3,000,000+ investment in the space. 3224 28th street is an A+ location, near the intersection of 28th St and Broadmoor with over 33,638 VPD and 40,365 VPD on 28th St & Mall Service Dr. The property is located directly across from Woodland Mall, and in close proximity to West Michigan’s only Whole Foods, REI, and a recently announced Shake Shack.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
C
Year Built
1996
Price
$4,381,666
Price Per SF
$730.28
Cap Rate
6%
NOI
$262,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.87 AC
Zoning
C-2
Parking
45 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
100’ on 28th
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-18-14-101-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $523,200 |
Property Taxes
Parcel Number
41-18-14-101-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$523,200
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3224 28th St SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.