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Cascade East 6425-6479 28th St SE 99,529 SF 99% Leased Retail Building Grand Rapids, MI 49546 For Sale

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INVESTMENT HIGHLIGHTS

  • MARKET LEADING GROCERY ANCHOR
  • STRONG TENANT RETENTION | 5-YEAR WALT
  • GROWING TECH MARKET
  • DOMINANT RETAIL TRADE AREA
  • EXTREMELY AFFLUENT SURROUNDING POPULATION WITH AVERAGE HOUSEHOLD INCOMES GEATER THAN $171K IN 3 MILE AREA

EXECUTIVE SUMMARY

Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate – Michigan, Inc., has been exclusively retained by the owner to sell the 100% fee simple interest in Cascade East Shopping Center. Cascade East offers a rare opportunity to acquire an established grocery anchored center in the rapidly growing Grand Rapids area, positioned in the affluent eastern suburbs and busiest commercial trade area of 28th Street.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
99,529 SF
Building Class
B
Year Built/Renovated
1967/1983
NOI
$963,374
Percent Leased
99%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.12
Lot Size
18.88 AC
Zoning
D-2
Parking
330 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
760’ on 28th St

AMENITIES

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

BODYBAR Pilates’ purpose is to build a community of people who love, respect, encourage and motivate one another to be strong, healthy and happy human beings. They achieve this by empowering values-focused entrepreneurs to deliver their brand ethos globally via BODYBAR studio ownership. Their mission is to cultivate a balanced, athletic, and real community. They are committed to providing a fiercely effective workout experience powered by Pilates that helps individuals discover their physical potential and enhance their overall well-being both on and off the Reformer.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

D&W Fresh Market has been a part of their local communities for years – and, as a part of the SpartanNash family of stores, their commitment to helping their customers put meals on their tables goes back even further than that.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

Hallmark Cards, Inc. believes that when people care enough, they can change the world. That’s why they are dedicated to creating a more emotionally connected world and making a difference in the lives of others. Founded in 1910 by teenage entrepreneur J.C. Hall, and remaining a private company with family members on the board of directors today, Hallmark’s businesses employ thousands of people worldwide. Hallmark has a diverse portfolio of businesses: While there are many ways to experience Hallmark, the experiences that matter most to the company are the ones their customers are able to share with their friends and loved ones. They strive each day to help those experiences – and those connections – come to life. In each of their businesses they aim to be good community partners, they believe embracing diversity and inclusion is the best way to understand and serve their employees and consumers, and they strive to be environmentally responsible.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • Jan 0000

Their mission at Limitless Chiropractic is to serve God by serving the Grand Rapids area through specific, scientific, chiropractic care. They want to help entire families reach their God-given health potential by removing nerve interference and allowing the body to heal naturally from Above-Down-Inside-Out. Thus, allowing families to reach their highest level of health potential to live a limitless life.

  • Services
  • -
  • -
  • -
  • Jan 0000

Sola Salons was founded in 2004 with the dream of doing more than designing beautiful, move-in-ready salon studios. Co-founders Stratton Smith and Matt Briger set out to build a thriving community where independent beauty professionals could create a life and career they loved. They focus on what’s best for clients, so clients can focus on what’s best for their business. They provide beauty professionals with high-end, fully equipped private salon studios alongside the support and tools needed to launch a business in no time. They take pride in being the largest, fastest-growing salon studio business with a thriving community of industry-leading beauty professionals and locations nationwide. They provide a safe, inclusive space with unmatched support so their Sola pros can thrive. They have one goal in mind: to set clients up for success.

  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Your Pets Naturally has curated the best selection of foods (raw, freeze-dried, canned, & dry), supplements, safe chews & treats, grooming supplies, high quality accessories, and durable toys to give the dog or cat in your family a happy and healthy life! Their knowledgable team will help find the right products and foods for any pet’s specific needs.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation - - Lorem Ipsum Jan 0000
Retailer - - - Jan 0000
Retailer - - - Jan 0000
Health Care and Social Assistance - - - Jan 0000
Services - - - Jan 0000
Retailer - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 07
  • 1,391 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
07 1,391 SF Retail In-Line Now

07

Size
1,391 SF
Space Use
Retail
Position
In-Line
Available
Now

NEARBY MAJOR RETAILERS

Goldfish Swim School
Scooter's Coffeehouse
Bank of America
Macatawa Bank
Comerica
Fifth Third Bank
Chase Bank
Huntington National Bank
Independent Bank
Burn Boot Camp

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-19-09-351-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,996,400
  • Listing ID: 35846347

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 6425-6479 28th St SE, Grand Rapids, MI 49546

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