3233 Alpine Ave NW
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3233 Alpine Ave NW
4,575 SF 100% Leased Retail Building Grand Rapids, MI 49544 $1,921,558 CAD ($420 CAD/SF) 8% Cap Rate
Executive Summary
Prime location on the busy Alpine corridor, seconds from I-96. Great visibility, access, signage, and parking.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,575 SF
Building Class
C
Year Built
1970
Price
$1,921,558 CAD
Price Per SF
$420 CAD
Cap Rate
8%
NOI
$153,725 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.39 AC
Zoning
Commercial Improved
Parking
25 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
88 ft on Alpine Ave
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 41-13-02-279-023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $578,030 CAD |
PROPERTY TAXES
Parcel Number
41-13-02-279-023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$578,030 CAD
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3233 Alpine Ave NW
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