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3300 Alpine Ave 6,564 SF 100% Leased Retail Building Grand Rapids, MI 49544 $3,972,800 ($605.24/SF) 7% Cap Rate
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
6,564 SF
Building Class
B
Year Built
2018
Price
$3,972,800
Price Per SF
$605.24
Cap Rate
7%
NOI
$278,096
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.63 AC
Zoning
CPUD
Parking
33 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
170’ on Alpine Ave
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Chipotle was born of the radical belief that there is a connection between how food is raised and prepared, and how it tastes. Real is better. "Better for You, Better for People, Better for The Planet". It may be the hard way to do things, but it’s the right way. One of the first national restaurant brands to commit to goals on local and organic produce. First national restaurant brand to commit to using only responsibly raised meat with some of the highest animal welfare standards.
- Five Guys Burgers and Fries
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Serenity Nails
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Local nail salon in Grand Rapids, MI.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Five Guys Burgers and Fries | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Serenity Nails | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41-13-01-151-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $864,400 |
PROPERTY TAXES
Parcel Number
41-13-01-151-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$864,400
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3300 Alpine Ave
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