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Grand Rapids Plaza 5416-5446 S Division Ave 2,000 - 5,700 SF of Retail Space Available in Grand Rapids, MI 49548
Highlights
- Prime Location: Located at the southwest corner of Division Ave. & 54th St., near US-131 on/off ramps.
- Diverse Tenant Mix: Includes People Ready, Underground Cookie Club, Little Caesars, and more.
- High Traffic Counts: 33,894+ vehicles per day (ADT) at Division Ave. & 54th St. with a traffic light-controlled intersection for safe access.
- Convenient Transit Access: Nearby The Rapid Silver Line Bus Service stations providing access to Downtown Grand Rapids
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5438 | 3,700 SF | Negotiable | $12.33 CAD/SF/YR $1.03 CAD/SF/MO $45,621 CAD/YR $3,802 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5444 | 2,000 SF | Negotiable | $13.70 CAD/SF/YR $1.14 CAD/SF/MO $27,400 CAD/YR $2,283 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5438
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 5444
- Lease rate does not include utilities, property expenses or building services
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.
Select Tenants at Grand Rapids Plaza
- Tenant
- Description
- US Locations
- Reach
- GR Liquidators
- -
- 1
- -
- Kentwood Liquor Store
- Retailer
- 1
- -
- La Vie Chiropractic
- -
- 1
- -
- Little Caesars
- Pizza
- 4,792
- International
- Over Achievers Academy
- -
- 1
- -
- PeopleReady
- Employment Agency
- 920
- International
| Tenant | Description | US Locations | Reach |
| GR Liquidators | - | 1 | - |
| Kentwood Liquor Store | Retailer | 1 | - |
| La Vie Chiropractic | - | 1 | - |
| Little Caesars | Pizza | 4,792 | International |
| Over Achievers Academy | - | 1 | - |
| PeopleReady | Employment Agency | 920 | International |
Property Facts
| Total Space Available | 5,700 SF | Year Built | 2005 |
| Property Type | Retail | Parking Ratio | 6.17/1,000 SF |
| Gross Leasable Area | 25,580 SF | Cross Streets | 54th Street and Division Ave |
| Total Land Area | 3.69 AC |
| Total Space Available | 5,700 SF |
| Property Type | Retail |
| Gross Leasable Area | 25,580 SF |
| Total Land Area | 3.69 AC |
| Year Built | 2005 |
| Parking Ratio | 6.17/1,000 SF |
| Cross Streets | 54th Street and Division Ave |
About the Property
Grand Rapids Plaza is a high-traffic shopping center located at the southwest corner of South Division Avenue and 54th Street in Kentwood, MI. This 25,580 SF retail center offers excellent visibility, strong co-tenancy, and a prime end-cap leasing opportunity. Take advantage of this highly visible retail opportunity and join a thriving mix of national and local businesses!
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Grand Rapids Plaza | 5416-5446 S Division Ave
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