2897 Radcliff Ave SE - Supermarket FOR SALE
Kentwood, MI 49512 |
2897 Radcliff Ave SE
Kentwood, MI 49512
HIGHLIGHTS
- WHOLE FOODS MARKET | NEW 20-YEAR NNN LEASE MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK INVESTMENT
- 40,500-SQUARE FEET | SITUATED ON 4.22 ACRES AMAZON CORPORATE GUARANTEE | S&P AA | NYSE: AMZN
- (7) 5-YEAR OPTIONS | 10% INCREASES EACH 5-YEAR PERIOD | FEE SIMPLE CONDO | OFFERED FREE & CLEAR OF DEBT
- EXCELLENT FRONTAGE & VISIBILITY | HARD SIGNALIZED CORNER | MULTIPLE POINTS OF INGRESS/EGRESS ACCESS TO THE SITE
- 38,400 COMBINED VEHICLES TRAVELING PER DAY AT INTERSECTION | STRONG AND GROWING DEMOS | 214k PEOPLE IN 5-MILE RADIUS
- $82K AVERAGE HOUSEHOLD INCOME | ABOVE NATIONAL AVERAGE | LIMITED COMPETITION | ONLY WHOLE FOODS IN VICINITY
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Whole Foods Market (Amazon)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
40500
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
225
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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