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4329 Plainfield Ave NE
Grand Rapids, MI 49525
Retail Property For Sale


Investment Highlights
- Absolute NNN Lease Structure – No Landlord Responsibilities
- 1.50% Annual Rental Increases Throughout Primary Term
- Lowe’s Shadow-Anchored Location Within North Kent Shopping Center
- Long-Term Corporate Lease with Over 10 Years Remaining
- Full-Service Operator Supporting Gas, Hybrid & Electric Vehicles
Executive Summary
Christian Brothers Automotive – Grand Rapids, MI presents the opportunity to acquire a newly constructed (2021) single-tenant net leased investment occupied by a nationally recognized automotive service operator with a long-term corporate lease structure. The property is secured by an Absolute NNN lease with zero landlord responsibilities and over 10 years remaining on the initial lease term, providing investors with durable passive income and built-in annual rent increases.
Situated along Plainfield Avenue NE, the property benefits from exceptional visibility with traffic counts exceeding 33,000 vehicles per day and direct connectivity to Interstate 96 and U.S. Route 131. The site is positioned as a Lowe’s shadow-anchored outparcel within North Kent Shopping Center alongside national retailers including Dollar Tree and Dunham’s Sports, supporting strong consumer traffic and long-term real estate fundamentals.
Christian Brothers Automotive operates more than 300 locations across 30+ states and has built a strong reputation as a premium automotive maintenance and repair provider. The tenant offers a comprehensive range of services for gas, hybrid, and electric vehicles, positioning the business to benefit from recurring demand within the essential automotive service sector. The company has continued to expand nationally while maintaining strong customer satisfaction rankings and operational consistency.
Located within the Grand Rapids metropolitan area — one of the Midwest’s strongest regional economies — the investment benefits from continued population growth, strong household incomes, and a diversified employment base anchored by healthcare, manufacturing, logistics, and professional services.
Situated along Plainfield Avenue NE, the property benefits from exceptional visibility with traffic counts exceeding 33,000 vehicles per day and direct connectivity to Interstate 96 and U.S. Route 131. The site is positioned as a Lowe’s shadow-anchored outparcel within North Kent Shopping Center alongside national retailers including Dollar Tree and Dunham’s Sports, supporting strong consumer traffic and long-term real estate fundamentals.
Christian Brothers Automotive operates more than 300 locations across 30+ states and has built a strong reputation as a premium automotive maintenance and repair provider. The tenant offers a comprehensive range of services for gas, hybrid, and electric vehicles, positioning the business to benefit from recurring demand within the essential automotive service sector. The company has continued to expand nationally while maintaining strong customer satisfaction rankings and operational consistency.
Located within the Grand Rapids metropolitan area — one of the Midwest’s strongest regional economies — the investment benefits from continued population growth, strong household incomes, and a diversified employment base anchored by healthcare, manufacturing, logistics, and professional services.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,810 SF
Building Class
B
Year Built
2020
Price
$4,714,192 CAD
Price Per SF
$811.39 CAD
Cap Rate
6%
NOI
$282,835 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.13 AC
Zoning
C-1 COM
Parking
23 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
187’ on Plainfiled Avenue
Property Taxes
| Parcel Number | 41-10-34-101-042 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $912,491 CAD |
Property Taxes
Parcel Number
41-10-34-101-042
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$912,491 CAD
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