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7500 Cottonwood Dr 91,361 SF 100% Leased Retail Building Jenison, MI 49428 $9,777,911 CAD ($107.02 CAD/SF) 7.80% Cap Rate

Storefront Properties Michigan Jenison 7500 Cottonwood Dr, Jenison, MI 49428

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INVESTMENT HIGHLIGHTS

  • 100% occupied center with long term, stable tenants
  • Visible from Chicago Avenue across from very busy Meijers

EXECUTIVE SUMMARY

100% occupied shopping center strategically located in Grand Rapids MSA
Long Term Tenants in Place

ATTACHMENTS

Absolute Final - Jenison - OM 12-18
Jenison 12-6 Later Final

DATA ROOM Click Here to Access

  • Offering Memorandum
  • Market Information
  • Operating and Financials

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
91,361 SF
Building Class
C
Year Built/Renovated
1990/2024
Price
$9,777,911 CAD
Price Per SF
$107.02 CAD
Cap Rate
7.80%
NOI
$762,677 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
8.64 AC
Zoning
CS - Commercial Zoning. Outlot permitted. Room to enlarge the shopping center footprint
Parking
250 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
275’ on Cottonwood Dr

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
1 1

NEARBY MAJOR RETAILERS

Meijer
Huntington Bank
Starbucks
WW
Fazoli's
Fitness 19
BIGGBY Coffee
Fifth Third Bank
Macatawa Bank
Chase Bank

PROPERTY TAXES

Parcel Number 70-14-13-402-008 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $3,319,703 CAD

PROPERTY TAXES

Parcel Number
70-14-13-402-008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,319,703 CAD
(248) 851-5000

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 34344355

  • Date on Market: 2025-01-02

  • Last Updated:

  • Address: 7500 Cottonwood Dr, Jenison, MI 49428

The Retail Property at 7500 Cottonwood Dr, Jenison, MI 49428 is currently available for Sale. Contact SVN | Cohn Commercial Properties, Inc. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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7500 Cottonwood Dr
(248) 851-5000 x

7500 Cottonwood Dr

Harry Cohn
(248) 851-5000

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