Multi-Tenant Retail

100% Occupied Retail Center in High-Traffic Corridor | Affluent West Michigan Market Near Meijer & Grand Rapids

4116 17 Mile Rd , Cedar Springs, MI

Listing Price: $3,318,953

Click To Access Offering Memorandum
  • Cap Rate8.07%
  • Building SF15,879 SF
  • Price/SF$209.02
  • Year Built / Renovated2004

Investment Highlights

  • Multi-Tenant Retail Center | 100% Occupied | 15,879 SF across 9 tenants including Subway, Little Caesars, Great Clips, Tacos El Cuñado, and Lake Life Farms
  • High Traffic Corridor | 17 Mile Road: 15,133 VPD | US-131: 42,136 VPD | 57,269 Combined VPD
  • Established Retail Trade Area | Surrounded by national and regional tenants, including Meijer, ALDI, Tractor Supply Co., Dollar Tree, Advance Auto Parts, O’Reilly Auto Parts, Family Farm & Home, and AutoZone
  • Strong Community Anchors: Cedar Springs High School (1,000+ Students) | Creative Technologies Academy (300+ Students) University of Michigan Health-West Cedar Springs Health Center (250,000+ Patients Annually)
  • Affluent & Expanding Suburban Market: Nearly 80,000 Residents within 10 Miles | Average Household Income $113,472 Daytime Population: 60,000+
  • Convenient Regional Access: Located along 17 Mile Road with immediate access to US-131 | 20 Miles North of Grand Rapids

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613