Contacts
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
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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
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Walk Score ®
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Bike Score ®
Location
- City Grand Rapids, MI
- Neighborhood Northeast Walker
- Zip Code 49544
- Market Grand Rapids
Points of Interest
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Grand Rapids
4.50 miles
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Citgo
0.24 miles
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Speedway
0.43 miles
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Marathon
0.69 miles
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Meijer
0.82 miles
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Sam's Club
0.96 miles
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Pacific Pride
0.99 miles
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Mobil
1.46 miles
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Walker, MI Supercharger
1.91 miles
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Menard's Parking
1.33 miles
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Ramp 7
3.58 miles
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Area 7
3.60 miles
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Area 9
3.62 miles
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Ramp 8
3.66 miles
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Ramp 6
3.73 miles
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Grand Valley State University Pew Campus Parking
3.79 miles
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Museum Parking
3.82 miles
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Louis Campau Parking Ramp
3.88 miles
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Monroe Center Parking Ramp
3.93 miles
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Chuck E. Cheese
0.02 miles
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Panera Bread
0.06 miles
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Buffalo Wild Wings
0.10 miles
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Taco Bell
0.12 miles
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Olive Garden
0.13 miles
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Logan's Roadhouse
0.18 miles
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TGI Friday's
0.21 miles
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Qdoba
0.21 miles
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Burger King
0.45 miles
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Pizza Hut
0.45 miles
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Kohl's
0.14 miles
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Target
0.18 miles
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Meijer
0.86 miles
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Walmart Supercenter
1.20 miles
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ALDI
1.30 miles
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Gordon Food Service
1.53 miles
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Daily Deals Food Outlet
1.61 miles
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Thrifty Outlet
2.02 miles
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Creston Market
2.42 miles
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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
Brandon Hanna
Encore Real Estate Investment Services