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3130 Alpine Ave NW
Grand Rapids, MI 49544

$8,145,000 USD

General Retail For Sale  •  45,763 SF

Property Details

• Property Type General Retail
• Total Building Size 45,763 SF
• Lot Size 5.56 AC
• Building Class C
• Year Built 1989
• Tenancy Single

0 Transit Score

49 Walk Score

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

New McAlister's Deli Currently Being Developed Adjacent to the Subject Property Displaying Strong Continuous Economic Development in the Immediate Are

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

Amenities

• Pylon Sign
• Signage
• Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Grand Rapids Vernon J. Ehlers Station (Pere Marquette - Amtrak)	8 min	-	5.7 mi
Airport	Drive	Walk	Distance
Gerald R Ford International	26 min	-	18.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	300
Type:	Surface
Included in Rent:	Yes