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44th St SE & Patterson Ave
Grand Rapids, MI 49512

BUILD-TO-SUIT/LAND LEASE AIRPORT ADJACENT · Land For Lease

Highlights

  • Located in front of the Airport Technical Center, which consists of 3 office buildings
  • Convenient to M-6, I-196, US-131
  • Adjacent to GR Ford Airport
  • Prominent frontage and visibility on 44th Street
  • Located within the city' s major business, industrial, and manufacturing area
  • Perfect site for a hotel, restaurant, office, or bank

Property Overview

Airport Technical Center Pad Site is an approximately 1.81-acre build-to-suit/ground lease opportunity adjacent to the entrance to the Gerald R. Ford International Airport. This is prime real estate for a drive thru eatery/café, bank with drive thru access, urgent care, or other retail/medical options. 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 SE, the site offers unmatched brand exposure with visibility to over 37,116 daily drivers on Patterson Avenue SE and 44th Street SE. The site also benefits from the area’s dense daytime population. Synonymous with experiential dining and destination shopping, Woodland Mall is a six-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking. 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 115,238 people lives within a five-mile radius of the property, with the average household income exceeding $99,448. Kentwood residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 15 minutes southeast of Downtown Grand Rapids, the Kentwood area has been rapidly growing with a projected population growth of 3.3% over the next five years. Together these residents make up a total annual consumer spending of over $3.73 billion, over $235 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. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
  • Listing ID: 6444861

  • Date on Market: 2024-12-20

  • Last Updated:

  • Address: 44th St SE & Patterson Ave, Grand Rapids, MI 49512

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