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Riley Plaza 3 Retail Properties Offered at $8,500,000 in Holland, MI
Executive Summary
This multi-tenant retail shopping center offers a compelling investment opportunity within a major regional retail corridor. Positioned at the signalized northwest corner of US-31 and Riley Street, the property benefits from exceptional visibility, strong traffic counts, and direct access to a primary north–south arterial. The center consists of three buildings totaling 50,401 square feet with 49,285 square feet, rentable, situated on 7.6 acres, providing both scale and long-term flexibility. Surrounded by a strong mix of national and regional retailers, the property is well positioned for stable cash flow and sustained tenant demand.
Property Facts
| Price | $8,500,000 | Status | Active |
| Price / SF | $172.47 / SF | Number of Properties | 3 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 49,285 SF |
| Sale Type | Investment | Total Land Area | 8.31 AC |
| Price | $8,500,000 |
| Price / SF | $172.47 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 49,285 SF |
| Total Land Area | 8.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg 2
12719 Riley St, Holland, MI 49424 |
Retail | 35,724 SF | 2003 | - |
|
Bldg 1
12659-12719 Riley St, Holland, MI 49424 |
Retail | 11,086 SF | 2002 | - |
|
Bldg 3
12659 Riley St, Holland, MI 49424 |
Retail | 2,475 SF | 1997 | - |
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Riley Plaza
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