Park Place 10500 Chicago Dr 16,250 SF 100% Leased Retail Building Zeeland, MI 49464 $1,983,368 CAD ($122.05 CAD/SF) 8.27% Cap Rate

Pantheon Commercial is pleased to present West Park Office Center, a 16,082 SF multi-tenant professional office building on 1.78 acres along Chicago Drive in Zeeland, Michigan. Built in 1997 with 85 surface parking spaces and zoned O-S (Office-Service), the property is anchored by Vee's Grill & Coney Island and home to a diversified roster of professional services tenants spanning legal, financial advisory, medical, wellness, and real estate uses.
The asset is positioned directly on Chicago Drive, the primary commercial corridor connecting Holland and Zeeland, drawing daytime traffic from Gentex, Herman Miller, Haworth, and the broader West Michigan manufacturing base. Multiple tenants have occupied their suites for five or more years, with documented lease renewals across the roster signaling strong tenant retention. The building's restaurant anchor occupies the prominent corner suite and serves as a destination draw for the property's professional services tenants. The property has a very strong leasing history, and the property has continued upside in getting current leases marked to market as they roll over.
Offered at $1,450,000 West Park Office Center represents an accessible foothold in the stable Holland-Zeeland submarket for 1031 exchange buyers, and investors seeking a small-cap entry point into West Michigan's professional office sector with an extremely low basis of only $90/SF.