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1011-1045 Gezon Pky SW 25,668 SF 100% Leased Retail Building Wyoming, MI 49509 $6,655,747 CAD ($259.30 CAD/SF) 8% Cap Rate

Retail Buildings Michigan Wyoming 1011-1045 Gezon Pky SW, Wyoming, MI 49509

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INVESTMENT HIGHLIGHTS

  • 100% Occupied
  • Multi Tenant Center
  • Strong Suburban Location

EXECUTIVE SUMMARY

Advantage Commercial Real Estate is pleased to present the sale of 1045 Gezon Parkway SW, a 25,668 SF multi-tenant retail center located in Wyoming, MI, a growing suburb of Grand Rapids. Situated on 2.96 acres along the busy Gezon Parkway corridor, the property benefits from strong visibility, modern construction, and stable in-place income.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,668 SF
Building Class
B
Year Built
2007
Price
$6,655,747 CAD
Price Per SF
$259.30 CAD
Cap Rate
8%
NOI
$532,460 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.76 AC
Zoning
B-3 - Commercial district zone
Parking
144 Spaces (5.61 Spaces per 1,000 SF Leased)
Frontage
416’ on Gezon Pky

AMENITIES

  • Pylon Sign

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • All Seasons Casual Home & Patio
  • Retailer
  • -
  • -
  • -
  • Dekk Patio & Home Llc
  • Construction
  • -
  • -
  • -
  • Higher Health Chiropractic
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Avant de lancer Lakeshore Sewing en 1973, Chuck Collins travaillait dans l'industrie de la chaussure et gérait un magasin Meijer Thrifty Acres. Il a acquis de l'expérience avec les machines à coudre et une appréciation de l'industrie de la couture tout en travaillant pour le City Sewing Center de Kalamazoo, au Michigan, et il a décidé de poursuivre son rêve et d'ouvrir son propre magasin de machines à coudre. Lui et sa femme, Donna, ont commencé à petite échelle, s'associant à Gene Boyd et Ray Muir, qui possédaient déjà un magasin appelé LAKESHORE SEWING à Holland, au Michigan. Chuck et Donna ouvrent un magasin portant ce nom sur Apple Avenue, à Quarterline Road, à Muskegon, au Michigan. En 1975, Gene ouvre un troisième magasin Lakeshore Sewing sur la rue Savidge à Spring Lake, au Michigan. En 1977, Chuck et Donna achètent les associés et acquièrent le magasin Holland. Deux ans plus tard, ils ouvrent un magasin sur la division Sud, à la 32e rue, à Grand Rapids.

  • Sky Nails
  • -
  • -
  • -
  • -
  • West Michigan Surgical
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
All Seasons Casual Home & Patio Retailer - - -
Dekk Patio & Home Llc Construction - - -
Higher Health Chiropractic Health Care and Social Assistance - - -
Retailer - - -
Sky Nails - - - -
West Michigan Surgical Health Care and Social Assistance - - -
1 1

NEARBY MAJOR RETAILERS

Starbucks
Steak ‘n Shake
Chili's Grill & Bar
PNC Bank
Macatawa Bank
Meijer

PROPERTY TAXES

Parcel Number 41-17-35-258-001 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $117,336 CAD

PROPERTY TAXES

Parcel Number
41-17-35-258-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$117,336 CAD
(616) 774-3500

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38255896

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 1011-1045 Gezon Pky SW, Wyoming, MI 49509

The Retail Property at 1011-1045 Gezon Pky SW, Wyoming, MI 49509 is currently available for Sale. Contact Advantage Commercial Real Estate Services LLC for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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1011-1045 Gezon Pky SW
(616) 774-3500 x

1011-1045 Gezon Pky SW

Michael Visser
(616) 774-3500

Trent Wieringa
(616) 481-3868

Mark Ansara
(616) 988-5835

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