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.