6565 Kalamazoo Ave SE
Grand Rapids, MI 49508
Bob Evans · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans Property. The property consists of approximately 5,252 square feet of building space and is situated on approximately 1.22 acres of land. The property will be subject to a 20-year triple net (NNN) lease. The lease will commence on April 28, 2017. The base rent is $70,000 with two percent annual rental increases. The increases will continue through the six, five-year tenant renewal options. The tenant will be a newly formed entity consisting of all Bob Evans Restaurants. This Bob Evans is located at 6565 Kalamazoo Avenue Southeast in Grand Rapids, Michigan. Grand Rapids is the second-largest city in Michigan and the largest city in West Michigan. Grand Rapids is the county seat of Kent County and is a historic furniture-manufacturing center. There are approximately 64,578 people within a three-mile radius of this property and more than 120,172 within a five-mile radius. The property is situated on Kalamazoo Avenue Southeast, which has average daily traffic counts of 18,658 vehicles. The Bob Evans is also located nearby Paul B Henry Freeway. Paul B Henry Freeway experiences average daily traffic counts of more than 47,062 vehicles.