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5260 Eastern Ave SE
Grand Rapids, MI 49508
GRAND RAPIDS, MI | 20YR ABSOLUTE NNN LEASE · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Recently Remodeled to New & Upgraded Dual Drive-Thru Concept
  • Located Near the Dense Retail Corridor of 28th Street (Several Million SqFt of National Retailers)
  • Approximate Combined Daily Traffic: 36,000+
  • 19.5+ Year Absolute NNN Lease w/ 1% Annual Increases Including Options
  • Less Than 10 Miles From Downton Grand Rapids
  • 5-Mile Population: 208,771+

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,129 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.04 AC
Zoning
C2
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
92’ on Eastern Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-18-32-101-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$514,400
  • Listing ID: 22244550

  • Date on Market: 2/16/2021

  • Last Updated:

  • Address: 5260 Eastern Ave SE, Grand Rapids, MI 49508

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