Grandville Build-To-Suit/Ground Lease Bank With Drive-Thru Opportunity
Vacant Land
for Lease
| Catylist Listing ID: |
1417601 |
| Property Subtypes: |
Retail-Pad
|
| Gross Land Area: |
0.52 Acres
|
| Lease Rate: |
$150,000 (Annual)
$6.62 PSF (Annual)
|
| Base Monthly Rent: |
$12,500 |
| Lease Types: |
Ground Lease |
| Last Updated: |
9/23/2022 |
Overview / Comments
|
Ramblewood Offices Pad Site is an approximately 0.52-acre build-to-suit/ground lease opportunity in the heart of the Grandville retail corridor. This is prime real estate with existing site plan approval for a 2,720 SF bank with double drive-thru access. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled local property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed developments. Strategically located along 44th Street SW, the site offers unmatched brand exposure with visibility to over 30,216 daily drivers on Spartan Industrial Drive SW and 44th Street SW. The site also benefits from the area’s dense retail including Cabela’s, Target, and Meijer nearby.
|
Additional Details
| Nearest MSA: |
Grand Rapids-Kentwood |
| County: |
Kent |
| Submarket/Township: |
Rivertown Corridor |
| Taxing Authority: |
City of Grandville |
| Tax ID/APN: |
41-177-21-376-0008 |
| Zoning: |
OS-1 - OFFICE SERVICE |
| Area Description: |
Synonymous with experiential dining and destination shopping, RiverTown Crossings is a four-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking and a signalized intersection. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 170,195 people lives within a five-mile radius of the property, with the average household income exceeding $72,448. Grandville residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 15 minutes southwest of Downtown Grand Rapids, the Grandville area has been rapidly growing with a projected population growth of 4.4% over the next five years. Together these residents make up a total annual consumer spending of over $3.47 billion, over $240 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Grand Rapids and make it an excellent area to locate a company. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,306 |
64,063 |
160,520 |
| Median Age: |
40.48 |
36.21 |
34.42 |
| Households: |
3,691 |
25,168 |
58,253 |
|
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