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5180 Lake Michigan Dr
Allendale, MI 49401
QSR Redevelopment | University Location · Retail Property For Sale
Investment Highlights
- Value-add opportunity | Option to re-tenant/repurpose current building or redevelopment the pad entirely
- University location | Site is walking distance to Grand Valley State University | 22,406 total students
- Strong demographics with growing population | Population has grown 32%+ since 2010 within a 10-minute drive
- Signalized, hard corner location with direct access and visibility from Lake Michigan Drive & 52nd Ave | Lake Michigan Drive sees ±25,325 VPD
- Located one block from a new construction and recently opened ALDI
- Located less than 13 miles from Downtown Grand Rapids
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,625 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Zoning
C
Parking
20 Spaces (7.62 Spaces per 1,000 SF Leased)
Frontage
263’ on 52nd
Property Taxes
| Parcel Number | 70-09-25-200-070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $465,100 |
Property Taxes
Parcel Number
70-09-25-200-070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$465,100
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