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: 10/13/2021

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.​

Attachments & Media

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.​

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,773 75,851 203,043
Median Age: 35.47 34.3 33.68
Households: 5,283 28,970 74,093

Contact

Photograph of Listing Agent

Kirk Driesenga

The Hinman Company
Not a member of CPIX
Photograph of Listing Agent

Anmar Atchu

The Hinman Company
CPIX Member
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