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Grand Rapids Plaza 5416-5446 S Division Ave 2,000 SF of Retail Space Available in Grand Rapids, MI 49548
Highlights
- 2,000 SF retail suite available
- Located at the signalized intersection of Division Ave. & 54th St.
- Approximately 33,894 vehicles per day along Division Avenue
- Flexible layout for retail, office, wellness, salon, or service users
- Convenient access to US-131 and surrounding neighborhoods
- Storefront signage available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5444 | 2,000 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $20,000 /YR $1,667 /MO | Triple Net (NNN) |
1st Floor, Ste 5444
This 2,000 SF retail suite at 5444 Division Avenue S offers a flexible opportunity for retail, office, wellness, salon, or service users. Conveniently located at the signalized intersection of Division Avenue and 54th Street, just south of US-131, the property provides easy access, strong daily traffic, and a central location within the Grand Rapids market.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Grand Rapids Plaza
- Tenant
- Description
- US Locations
- Reach
- GR Liquidators
- -
- 1
- -
- Kentwood Liquor Store
- Retailer
- 1
- -
- La Vie Chiropractic
- -
- 1
- -
- Little Caesars
- Pizza
- 4,963
- International
- Over Achievers Academy
- -
- 1
- -
- PeopleReady
- Employment Agency
- 921
- International
| Tenant | Description | US Locations | Reach |
| GR Liquidators | - | 1 | - |
| Kentwood Liquor Store | Retailer | 1 | - |
| La Vie Chiropractic | - | 1 | - |
| Little Caesars | Pizza | 4,963 | International |
| Over Achievers Academy | - | 1 | - |
| PeopleReady | Employment Agency | 921 | International |
Property Facts
| Total Space Available | 2,000 SF | Total Land Area | 3.69 AC |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront | Parking Ratio | 6.17/1,000 SF |
| Gross Leasable Area | 25,580 SF | Cross Streets | 54th Street and Division Ave |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 25,580 SF |
| Total Land Area | 3.69 AC |
| Year Built | 2005 |
| Parking Ratio | 6.17/1,000 SF |
| Cross Streets | 54th Street and Division Ave |
About the Property
This 2,000 SF retail suite at 5444 Division Avenue S offers a flexible opportunity for retail, office, wellness, salon, or service users. Conveniently located at the signalized intersection of Division Avenue and 54th Street, just south of US-131, the property provides easy access, strong daily traffic, and a central location within the Grand Rapids market.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
