Retail or office Ground Lease Unit 1

Vacant Land for Lease
Catylist Listing ID: 30605730
Property Subtypes: Office, Retail
Gross Land Area: 43,560 SF
Lease Rate: $90,000 (Annual)
$2.07 PSF (Annual)
Base Monthly Rent: $7,500
Lease Types: Ground Lease
Last Updated: 7/10/2020

Overview / Comments

Prominent Highway Interchange location located at the SE corner of 64th St SW and Byron Center Avenue.
Currently the site has a completed 51,000 sf office building and a 132 bed assisted living facility. In addition, a Hilton Home 2 with over 100 rooms is under construction. Mercy Health Southwest Campus is across the street and Metro Hospital’s main campus is just north of them. This is a very dynamic area with tremendous daytime population with several big box retailers nearby. The traffic count along M6 is in excess of 46,000 cars per day.

The Five available lots can accommodate a multitude of building sizes and retail/office users. Leases are contingent upon the Landlord’s approval of the Tenant’s use and financials.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: Byron Township
Tax ID/APN: 41-21-03-302-001
Zoning: COMM PUD
Traffic/Vehicle Count: 46,000
Highway Access: M-6
Part of Planned Development?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,453 48,517 159,307
Median Age: 35.33 36.12 35.6
Households: 2,197 18,453 61,056
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.