Crunch Fitness

For Sale

3130 Alpine Avenue Northwest, Grand Rapids, MI 49544

This Grand Rapids property for sale is located at 3130 Alpine Avenue Northwest. The current listed sale price for Crunch Fitness is $8,145,000.

Contacts

broker

Brandon Hanna

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 45,763 SF
  • Additional Rent Contact for pricing
  • Date Updated Oct 23, 2024
Grand Rapids metro is diversifying and now supports one of the fastest-growing economies in the nation while simultaneously ranking high on some “best places to live” lists. The market is home to roughly 1.1 million people, with a growth of 40,000 residents expected over the next five years. The metro consists of Barry, Kent, Montcalm, and Ottawa counties. It is roughly 160 miles west of Detroit, and Lake Michigan provides the western border. Situated along the Grand River approximately 25 miles east of Lake Michigan, it is the economic and cultural hub of West Michigan, as well as one of the fastest-growing cities in the Midwest. At the 2020 census, the city had a population of 198,917 which ranks it as the second most-populated city in the state after Detroit. Grand Rapids is the central city of the Grand Rapids metropolitan area, which has a population of 1,087,592 and a combined statistical area population of 1,383,918. A historic furniture manufacturing center, Grand Rapids is home to five of the world's leading office furniture companies and is nicknamed "Furniture City". The city and surrounding communities are economically diverse, based in the health care, information technology, automotive, aviation, and consumer goods manufacturing industries, among others. Headquartered in Grand Rapids, Spectrum Health is West Michigan's largest employer, with 25,600 staff and 1,700 physicians in 2017. Spectrum Health's Meijer Heart Center, Lemmen-Holton Cancer Pavilion, and Butterworth Hospital, a level I trauma center, are on the Grand Rapids Medical Mile, which has world-class facilities that focus on the health sciences. They include the Van Andel Research Institute, Grand Valley State University's Cook-DeVos Center for Health Sciences, and the Michigan State University College of Human Medicine medical school's Secchia Center, along with Ferris State University's College of Pharmacy. Nearly a billion dollars has been invested in the Spectrum Health Cancer Pavilion, the Spectrum Health Helen DeVos Children's Hospital, and the expansion to the Van Andel Institute. These facilities have attracted many health science businesses to the area. The city and its surrounding region house a successful food processing and agribusiness industry, which has experienced a 10-year job growth rate of 45% from 2009-2019. With Michigan being the second most agriculturally diverse state in the nation, the Greater Grand Rapids region is well-known for its fruit production. Due to its proximity to Lake Michigan, the climate is considered especially prime for apple, peach, and blueberry farming. Greater Grand Rapids produces 1/3 of Michigan's total agricultural sales..

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Highlights

  • New Long-Term 15-Year Lease with Three, 5-Year Options Available
  • Lease Features Strong 10% Rental Increases Every 5 Years Throughout the Term and in Each Option Offering a Hedge Against Inflation
  • Positioned Along a Main Commercial Corridor Surrounded by a Plethora of National Retailers Including Burger King, Hobby Lobby, Home Goods, McDonald's, Meijer, Sam's Club, Target, Ulta, and Walmart
  • New McAlister's Deli Currently Being Developed Adjacent to the Subject Property Displaying Strong Continuous Economic Development in the Immediate Area
  • Situated Along Alpine Avenue which is a Main North-South Thoroughfare Connecting the City of Walker to I-96 and US Route 131
  • Excellent Visibility with Frontage and Signage Along Alpine Avenue | Traffic Counts Exceed 50,600+ Vehicles Per Day
  • Easily Accessible with Numerous Points of Access Provided to Both Alpine Avenue and Center Drive, which is a Service Drive that Connects Several National Retailers
  • Located in Walker, MI and in Close Proximity to the Three Corporate Headquarters of Bissell Homecare, Meijer, and Spectrum Health which are Top Employers in the Area
  • Walker is Part of the Grand Rapids MSA with a Market of Roughly 1.1 Million People, and a Growth of 40,000 Residents Expected Over the Next Five Years
  • Population within a 5-Mile Radius of the Property Exceeds 165,500 Across Nearly 70,000 Households
  • Average Household Income within 5-Miles Exceeds $75,500

Getting around

  • 61/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Grand Rapids, MI
  • Neighborhood Northeast Walker
  • Zip Code 49544
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    4.50 miles

  • Citgo

    0.24 miles

  • Speedway

    0.43 miles

  • Marathon

    0.69 miles

  • Meijer

    0.82 miles

  • Sam's Club

    0.96 miles

  • Pacific Pride

    0.99 miles

  • Mobil

    1.46 miles

  • Walker, MI Supercharger

    1.91 miles

  • Menard's Parking

    1.33 miles

  • Ramp 7

    3.58 miles

  • Area 7

    3.60 miles

  • Area 9

    3.62 miles

  • Ramp 8

    3.66 miles

  • Ramp 6

    3.73 miles

  • Grand Valley State University Pew Campus Parking

    3.79 miles

  • Museum Parking

    3.82 miles

  • Louis Campau Parking Ramp

    3.88 miles

  • Monroe Center Parking Ramp

    3.93 miles

  • Chuck E. Cheese

    0.02 miles

  • Panera Bread

    0.06 miles

  • Buffalo Wild Wings

    0.10 miles

  • Taco Bell

    0.12 miles

  • Olive Garden

    0.13 miles

  • Logan's Roadhouse

    0.18 miles

  • TGI Friday's

    0.21 miles

  • Qdoba

    0.21 miles

  • Burger King

    0.45 miles

  • Pizza Hut

    0.45 miles

  • Kohl's

    0.14 miles

  • Target

    0.18 miles

  • Meijer

    0.86 miles

  • Walmart Supercenter

    1.20 miles

  • ALDI

    1.30 miles

  • Gordon Food Service

    1.53 miles

  • Daily Deals Food Outlet

    1.61 miles

  • Thrifty Outlet

    2.02 miles

  • Creston Market

    2.42 miles

  • Big Lots

    2.85 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brandon Hanna

Encore Real Estate Investment Services