Sherwin Williams

Highlights:

• 12,425 Sq. Ft. | 0.74 Acres | Built 2000
• Investment Grade BBB Credit By S&P
• Rare 15 Year Lease Extension - 16 Years Remaining
• Rare 7.5% Increase Every 3 Years
• Below Market Rent
• Heart of Downtown Grand Rapids
• Fastest Growing MSA in MI - Phenomenal Demos
• One of The Best Markets in the Midwest
• Over $1B in Development within ½ Mile of this Site
• Brand New Roof and Parking Lot
• Drive Around Capability
• Operating Since 2000
• High Exposure with Visibility from US-131
• TN-TCC Zoning | Traditional Neighborhood – Transitional City Center Zone
• 20+ Surface Parking Spaces
• 222’ of Frontage along Cesar E Chavez Avenue
• Minutes From Famous Founders Brewery In The Heart Of Downtown GR
• Near Several Major Developments Including The Transformative Grand Action 2.0 - New 12,000 Seat Acrisure Amphitheatre & 8,500 Seat Soccer Stadium

Description:

Introducing an exceptional investment opportunity in the Grand Rapids area. This 12,425 SF single tenant NNN property sits on 0.74 acres with high visibility from US-131, offering a prime location and exposure for retail businesses. Boasting a new 15-year lease commencing 2/1/2026 and 7.5% rental increases every 3 years, this property presents a secure and lucrative investment. With TN-TCC zoning and drive-around capability, it provides versatile possibilities for retail or street retail enterprises. The property's 20+ surface parking spaces, 222’ of frontage along Cesar E Chavez Ave, and an operating tenant since 2000 make it an attractive proposition for investors seeking a stable, income-generating asset with a strong credit tenant.

Grand Rapids, MI, is known for its robust arts and culture scene, diverse dining options, and lively entertainment. This dynamic city seamlessly combines historic charm with modern amenities, making it an appealing destination for both residents, tourists, and investors. Its strong real estate market continues to draw investors, positioning Grand Rapids as one of the top-performing regions in the area.