Kentwood, MI_KC-Grassy Area
KC_aerial -09.26.24
Kentwood,MI_KC-grassy knoll -zoning
KC_parcel sketch
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For Sale
- SITE – KENTWOOD CENTRE (KC) is a COMMUNITY shopping center located in Kentwood, MI
- TRAFFIC – The intersection of Eastern Ave. and 52nd St. has an Average Daily Traffic (ADT) count of 39,280 vehicles. The speed of the traffic is moderate with the intersection controlled by a traffic light that allows for safe and easy in Ingress and Egress.
- LOCATION – on the Southeast corner of Eastern Ave. and 52nd St. in Kentwood, MI.
- BUILDING – KC is a 78,213 square foot Community shopping center consisting of two (2) separate buildings. The shopping center has good visibility of the buildings and fascia signage as well as three (3) large pylon signs – one (1) on Eastern Ave. and two (2) on 52nd St. that list the shopping center tenancy.
- PARCEL– this long narrow (1.27 acre) parcel is located directly to the East of Kentwood Centre with access from 52nd St. and from the parking lot of the shopping center. It is currently zoned C-2 (see zoning map).
- TENANCY – KC Shopping center has a great retail, service and office tenant mix consisting of the following: PLANET FITNESS & DOLLAR TREE are the anchor tenants – both are long-term tenants and combined with the other tenants KIDZ INDOOR PLAYGROUND, TANGANYIKA MARKET, HUNGRY HOWIE’S PIZZA in the shopping center generate a large amount of retail /service and office traffic.
- DEMOGRAPHICS – The trade area is densely populated with 83,413 folks in a 3-mile radius.
- TRAFFIC GENERATORS – The immediate trade area consist of a wealth of Regional, National local Retailers and Service companies: KUM & GO (a large High-Volume Fuel station and C-store), a popular CAR-WASH, BURGER KING, KENTUCKY FRIED CHICKEN, DOLLAR GENERAL, PAPA MURPHY’S, CHINA CITY, APPLE-TREE LEARNING CENTER and several SCHOOLS, CHURCHES and a Kentwood FIRE-STATION nearby.
- This is an EXCELLENT ‘reasonably-priced’ investment/ development opportunity. TAKE ADVANTAGE OF IT!
For Sale
SHOPPING CENTER: KENTWOOD CENTRE
MUNICIPALITY: Kentwood, Kent County
PROPERTY #: Part of parcel # 41.18.32.101.060
SIZE: Approx. 1.27 Acres
ASKING PRICE: $175,000
$-SQ/FT: $3.18 /sf
CAP RATE: N/A - Vacant parcel
UTILITIES: Nearby
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