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Van Raalte Square 1016-1024 Washington Ave
4,916 - 10,341 SF of Retail Space Available in Holland, MI 49423
Highlights
- On-site parking
- Strong traffic counts
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,916 SF | Negotiable | $15.59 CAD/SF/YR $1.30 CAD/SF/MO $167.83 CAD/m²/YR $13.99 CAD/m²/MO $6,388 CAD/MO $76,651 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 5,425 SF | Negotiable | $15.59 CAD/SF/YR $1.30 CAD/SF/MO $167.83 CAD/m²/YR $13.99 CAD/m²/MO $7,049 CAD/MO $84,588 CAD/YR | Triple Net (NNN) |
1002-1016 Washington Ave - 1st Floor
Two suites now available for lease adjacent to Dollar General at W. 40th and Washington Avenue. strip center. Both suites white boxed and ready for immediate occupancy, 1 suite is a former restaurant that included all the equipment. Neighboring tenants include Biggby Coffee, O’ Reilly Auto Parts, Jet’s Pizza, Consumers Credit Union, Rite Aid and D&W grocery store to name a few. High traffic corner with plenty of residential surrounding the center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1002-1016 Washington Ave - 1st Floor
Former Charcoal Grill now available for lease adjacent to Dollar General at W. 40th and Washington Ave. strip center. Former restaurant includes all equipment on site and white boxed and ready for immediate occupancy. Neighboring tenants include Biggby Coffee, O' Reilly Auto Parts, Jet's Pizza, Consumers Credit Union, Rite Aid and D&W grocery store to name a few. High traffic corner with plenty of residential surrounding the center.
- 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 Van Raalte Square
- Tenant
- Description
- US Locations
- Reach
- Dollar General
- Dollar/Variety/Thrift
- 23,380
- International
- Goodwill
- Dollar/Variety/Thrift
- 6,061
- International
| Tenant | Description | US Locations | Reach |
| Dollar General | Dollar/Variety/Thrift | 23,380 | International |
| Goodwill | Dollar/Variety/Thrift | 6,061 | International |
PROPERTY FACTS FOR 1016-1024 Washington Ave , Holland, MI 49423
| Center Type | Neighborhood Center | Gross Leasable Area | 59,270 SF |
| Parking | 652 Spaces | Total Land Area | 6.59 AC |
| Center Properties | 3 | Year Built | 1982 |
| Frontage | 593’ on Washington St |
| Center Type | Neighborhood Center |
| Parking | 652 Spaces |
| Center Properties | 3 |
| Frontage | 593’ on Washington St |
| Gross Leasable Area | 59,270 SF |
| Total Land Area | 6.59 AC |
| Year Built | 1982 |
About the Property
Two suites now available for lease adjacent to Dollar General at West 40th and Washington Avenue. strip center. Both suites white boxed and ready for immediate occupancy, 1 suite is a former restaurant that included all the equipment. Neighboring tenants include Biggby Coffee, O’ Reilly Auto Parts, Jet’s Pizza, Consumes Credit Union, Rite Aid, Goodwill, Verizon, and D&W grocery store. High traffic corner with plenty of residential surrounding the center.
- Pylon Sign
- Air Conditioning
Nearby Major Retailers
Contacts
-
Mark Ansara -
Gary Albrecht -
Cody Smith -
Advantage Commercial Real Estate Services LLC
Presented by
Van Raalte Square | 1016-1024 Washington Ave
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