5475 Clay Ave SW
Grand Rapids, MI 49548
Penske Truck Rental · Retail Property For Sale

The property located at 5475 Clasy Ave SW on of the highest profile maintenance and truck service facilities available on the market today. The property features 7 drive-thru doors and excess land for outdoor trailer or storage purposes. The property offers unparalleled access to US-131 and is located just off the 54th Street interchange. The property sets up for a wide variety of alternative users that are seeking outdoor storage space which is difficult to find in today marketplace. This will have multiple parties interested in it, don't wait to show it.
Portion of this site are located in the SFHA Floodplain (100 year floodplain).
SALE SUBJECT TO RESTRICTIVE COVENANT ON FUTURE USE, SEE BELOW.
Neither the property nor any portion thereof shall be used as, and Buyer specifically covenants with Seller not to directly or indirectly use the Property or any portion thereof, as or to permit the Property or any portion thereof to be used for : (i) a full service vehicle leasing and/or a commercial or consumer vehicle rental facility, (ii) the provision of third party logistics services, (iii) third party vehicle maintenance; provided, however, and for avoidance of doubt, this restriction shall not apply to maintenance of Buyer's own vehicles, or (iv) the sale of used vehicles, in any case by Buyer or its successors or assigns, or by any of their respective tenants, employees, affiliates, or independent contractors, or any of their respective successors.