Sherwin Williams

For Sale

440 Cesar E Chavez Ave SW, Grand Rapids, MI 49503

This Grand Rapids property for sale is located at 440 Cesar E Chavez Ave SW. The current listed sale price for Sherwin Williams is $4,210,515. Sherwin Williams is situated on a lot that is 0.74 acre in size.

Contacts

broker

Simon Jonna

Colliers

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,926 SF
  • Lot Size 0.74 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2000
  • Date Updated Nov 8, 2024
Nestled in the heart of the city, the area offers an enticing blend of urban amenities and natural beauty. Just steps away, you'll find renowned cultural attractions such as the Grand Rapids Art Museum, the Gerald R. Ford Presidential Museum, the Van Andel Arena, and the Grand Action Development, providing endless opportunities for entertainment and enrichment. The nearby bustling downtown district boasts an array of dining, shopping, and leisure options, ensuring a dynamic and convenient setting for tenants and visitors alike.Introducing an exceptional investment opportunity in the Grand Rapids area. This 12,425 SF single tenant NNN property sits on 0.74 acres with high visibility from US-131, offering a prime location and exposure for retail businesses. Boasting a new 15-year lease commencing 2/1/2026 and 7.5% rental increases every 3 years, this property presents a secure and lucrative investment. With TN-TCC zoning and drive-around capability, it provides versatile possibilities for retail or street retail enterprises. The property's 20+ surface parking spaces, 222’ of frontage along Cesar E Chavez Ave, and an operating tenant since 2000 make it an attractive proposition for investors seeking a stable, income-generating asset with a strong credit tenant.

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Highlights

  • 12,425 Sq. Ft. | 0.74 Acres | Built 2000
  • Investment Grade BBB Credit By S&P
  • Brand New 15-Yr Lease
  • 7.5% Rent Increases Every 3 Years
  • One of The Best Performing Real Estate Markets in the Midwest
  • Drive Around Capability
  • Operating Since 2000
  • High Exposure with Visibility from US-131
  • TN-TCC Zoning | Traditional Neighborhood – Transitional City Center Zone
  • 20+ Surface Parking Spaces
  • 222’ of Frontage along Cesar E Chavez Avenue
  • Minutes From Famous Founders Brewery In The Heart Of Downtown GR
  • Near Several Major Developments Including The Transformative Grand Action 2.0 - New 12,000 Seat Acrisure Amphitheatre & 8,500 Seat Soccer Stadium

Getting around

  • 90/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Grand Rapids, MI
  • Neighborhood Roosevelt Park
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    0.11 miles

  • Pacific Pride

    0.27 miles

  • Mobil

    0.30 miles

  • Marathon

    0.44 miles

  • BP

    1.00 miles

  • Meijer Express

    1.25 miles

  • 4STAR

    1.66 miles

  • Walker, MI Supercharger

    5.01 miles

  • ChargePoint

    7.65 miles

  • Grand Rapids Supercharger

    7.71 miles

  • Area 6A

    0.29 miles

  • Studio Park(ing)

    0.36 miles

  • Cherry St. Parking

    0.42 miles

  • Area 2

    0.44 miles

  • Area 3

    0.48 miles

  • Watson Lot

    0.52 miles

  • Seidman Lot

    0.55 miles

  • Louis Campau Parking Ramp

    0.66 miles

  • Monroe Center Parking Ramp

    0.66 miles

  • Museum Parking

    0.69 miles

  • The Kitchen @ 40 Cherry

    0.39 miles

  • Peppino's

    0.40 miles

  • Grand Woods Lounge

    0.40 miles

  • One Twenty Three Tavern

    0.41 miles

  • Subway

    0.41 miles

  • The Caribbean Bite

    0.42 miles

  • Leo's Coney Island on Tap

    0.42 miles

  • Stan's Tacos

    0.43 miles

  • Tavern on the Square

    0.45 miles

  • Bistro Bella Vita

    0.46 miles

  • Grand Central Market

    0.67 miles

  • Bridge Street Market

    1.19 miles

  • Wealthy Market

    1.55 miles

  • Fulton Street Farmer’s Market

    1.80 miles

  • Family Fare

    2.05 miles

  • Creston Market

    2.35 miles

  • Ken's Fruit Market

    2.83 miles

  • ALDI

    3.00 miles

  • D&W

    3.04 miles

  • Big Lots

    3.11 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

Simon Jonna

Colliers