635 E 8th St - Bank FOR SALE


Holland, MI 49423- Holland/Zeeland
$1,641,000 USD
508-272-0585
635 E 8th St, Holland, MI for Sale
$1,641,000 USD
Bank - FOR SALE
1/4
null | 6% Cap Rate

635 E 8th St
Holland, MI 49423
Holland/Zeeland


HIGHLIGHTS

  • PROVEN RETAIL CORRIDOR | DIRECT ACCESS TO US-31
  • HIGH-DEPOSIT BRANCH | $160 MILLION IN DEPOSITS
  • INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-)

OVERVIEW

INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-) - ?Lease guaranteed by JPMorgan Chase, the largest U.S. bank with a global platform and strong balance sheet HIGH-DEPOSIT BRANCH | $160 MILLION IN DEPOSITS - ?The Chase Bank branch reports approximately $160 million in deposits, positioning it as a strong-performing location within the regional network STRONG FOOT TRAFFIC AT LOCATION - ?This location ranks in the top 15% of all Chase branches nationally by foot traffic (Placer.ai), demonstrating strong deposit activity and long-term strategic importance HIGH-INCOME LAKESHORE MARKET | $100K+ AHHI - ?Affluent West Michigan trade area supported by a combination of permanent residents, second-home ownership, and seasonal tourism demand PROVEN RETAIL CORRIDOR | DIRECT ACCESS TO US-31 - ?Positioned along East 8th Street with immediate connectivity to US-31 (41,000+ VPD), the primary north-south artery serving the region DIVERSE ECONOMIC BASE | MANUFACTURING + TOURISM - ?Supported by major employers including MillerKnoll, Gentex, and Haworth, alongside a strong tourism economy tied to Lake Michigan and downtown Holland

FOR SALE DETAILS

PRICE

$1,641,000 USD

PRICE/SF

$454 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Freestanding Chase Bank | Holland, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

B-1

APN/PARCEL ID

70-16-28-298-019

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.