3130 Alpine Ave NW
Grand Rapids, MI 49544
 Crunch Fitness · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • New Long-Term 15-Year Lease with Three, 5-Year Options Available
  • Positioned Along a Main Commercial Corridor Surrounded by a Plethora of National Retailers
  • Situated Along Alpine Avenue which is a Main North-South Thoroughfare Connecting the City of Walker to I-96 and US Route 131
  • Lease Features Strong 10% Rental Increases Every 5 Years Throughout the Term and in Each Option Offering a Hedge Against Inflation
  • New McAlister's Deli Currently Being Developed Adjacent to the Subject Property Displaying Strong Continuous Economic Development in the Immediate Are
  • Excellent Visibility with Frontage and Signage Along Alpine Avenue | Traffic Counts Exceed 50,600+ Vehicles Per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Retail
Building Size
45,763 SF
Building Class
C
Year Built/Renovated
1989/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
5.56 AC
Parking
300 Spaces (6.56 Spaces per 1,000 SF Leased)
Frontage
482’ on Alpine Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

LINKS

PROPERTY TAXES

Parcel Numbers 41-13-01-301-003, 41-13-01-301-002 Improvements Assessment $0
Land Assessment $0 Total Assessment $3,083,356

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