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Rite Aid 1339 E Grand River Ave 11,215 SF of Retail Space Available in Portland, MI 48875
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Whole Building | 11,215 SF | 10’ | Negotiable | $15.10 CAD/SF/YR $1.26 CAD/SF/MO $169,317 CAD/YR $14,110 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Whole Building
1,500 SF of retail/office space available for lease on the heavily traveled E Lakewood Blvd in Holland, MI. Features include ample on-site parking, a new parking lot, large storefront windows, great exposure, as well as monument and building signage. Neighboring businesses include names such as KFC, Hungry Howie’s, Salubrity Vida Spa, The Dog House Resort & Spa, D&W Fresh Market, Macatawa Bank, McDonald’s, and many others.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Finished Ceilings: 10’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 11,215 SF | Year Built | 1997 |
| Property Type | Retail | Parking Ratio | 4.46/1,000 SF |
| Gross Leasable Area | 11,215 SF |
| Total Space Available | 11,215 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,215 SF |
| Year Built | 1997 |
| Parking Ratio | 4.46/1,000 SF |
ABOUT THE PROPERTY
The property located at 1339 E Grand River Avenue is an 11,215 SF freestanding retail building in the city of Portland, MI. The property sits just north of the I-96/E Grand River Ave interchange, providing quick and easy highway access. Other features include ample on-site parking space, drive-thru access, and pylon & building signage. Nearby retailers include names such as McDonald’s, Speedway, Family Dollar, Arby’s, Taco Bell, AutoZone, Verizon, and many others.
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
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Rite Aid | 1339 E Grand River Ave
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