6690 Old 28th St SE | Grand Rapids, MI 49546
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6690 Old 28th St SE
Grand Rapids, MI 49546
Tutor Time · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This lease features annual rent increases throughout the base term and option periods, providing a strong hedge against inflation.
- Tutor Time has successfully operated at this location for 17+ years.
- The property has phenomenal school synergy with over ten public schools within a 5-mile radius
- Learning Care Group is the second largest provider of Early Childhood Education in the U.S. with nearly 1,100 locations across 40 states.
- National retailers in the immediate area include Walmart Supercenter, Meijer, Chick-fil-A, Target, Costco, The Home Depot, and many more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.15 AC
Zoning
B-1 commercial - Business
Parking
35 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
200’ on Old 28th St
PROPERTY TAXES
| Parcel Number | 41-19-16-126-023 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $846,500 |
PROPERTY TAXES
Parcel Number
41-19-16-126-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$846,500
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