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5563 28th St 1,500 SF of Retail Space Available in Grand Rapids, MI 49512
Sublease Highlights
- Located at the intersection of Kraft Avenue and 28th Street SE, near I-96.
- Over 39,000 vehicles per day at nearby intersections.
- High visibility with building and pole signage opportunities.
- Surrounded by national retailers and strong co-tenancy.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | $39.25 /SF/YR $3.27 /SF/MO $58,875 /YR $4,906 /MO | Triple Net (NNN) |
1st Floor
This 1,500-square-foot retail space offers a prime sublease opportunity in a high-traffic corridor along 28th Street SE, near Kraft Avenue and just off US-196. The property is currently configured as a turn-key café and includes building and pole signage for strong visibility. Positioned adjacent to Orange Theory and surrounded by national retailers, the site benefits from excellent co-tenancy and consumer draw. The location experiences significant traffic, with over 39,000 cars passing daily on Kraft Avenue and 28th Street. Zoned PUD-69, the space offers flexibility for a variety of retail uses. The landlord may consider a new lease and use type, and all FF&E can be included or removed as needed. This property is situated in a vibrant retail hub anchored by Meijer, with nearby dining, hospitality, and service businesses. Its proximity to I-96 ensures convenient regional access, while strong demographics and household income levels support retail success.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 5563 28th St, Grand Rapids, MI 49512
- Tenant
- Description
- US Locations
- Reach
- Clean Juice
- Drinks/Juices
- 78
- National
- Orangetheory Fitness
- Fitness
- 1,582
- International
| Tenant | Description | US Locations | Reach |
| Clean Juice | Drinks/Juices | 78 | National |
| Orangetheory Fitness | Fitness | 1,582 | International |
Property Facts
| Total Space Available | 1,500 SF | Total Land Area | 0.25 AC |
| Property Type | Retail | Year Built | 2012 |
| Gross Leasable Area | 4,080 SF | Parking Ratio | 8.89/1,000 SF |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,080 SF |
| Total Land Area | 0.25 AC |
| Year Built | 2012 |
| Parking Ratio | 8.89/1,000 SF |
Nearby Major Retailers
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5563 28th St
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