Sherwin Williams
440 Cesar E Chavez Ave SW
Grand Rapids, MI 49503
Highlights
- 12,425 Sq. Ft. | 0.74 Acres | Built 2000
- Investment Grade BBB Credit By S&P
- Brand New 15-Yr Lease
- 7.5% Rent Increases Every 3 Years
- One of The Best Performing Real Estate Markets in the Midwest
- Drive Around Capability
- Operating Since 2000
- High Exposure with Visibility from US-131
- TN-TCC Zoning | Traditional Neighborhood – Transitional City Center Zone
- 20+ Surface Parking Spaces
- 222’ of Frontage along Cesar E Chavez Avenue
- Minutes From Famous Founders Brewery In The Heart Of Downtown GR
- Near Several Major Developments Including The Transformative Grand Action 2.0 - New 12,000 Seat Acrisure Amphitheatre & 8,500 Seat Soccer Stadium
Description
Introducing an exceptional investment opportunity in the Grand Rapids area. This 12,425 SF single tenant NNN property sits on 0.74 acres with high visibility from US-131, offering a prime location and exposure for retail businesses. Boasting a new 15-year lease commencing 2/1/2026 and 7.5% rental increases every 3 years, this property presents a secure and lucrative investment. With TN-TCC zoning and drive-around capability, it provides versatile possibilities for retail or street retail enterprises. The property's 20+ surface parking spaces, 222’ of frontage along Cesar E Chavez Ave, and an operating tenant since 2000 make it an attractive proposition for investors seeking a stable, income-generating asset with a strong credit tenant.
Nestled in the heart of the city, the area offers an enticing blend of urban amenities and natural beauty. Just steps away, you'll find renowned cultural attractions such as the Grand Rapids Art Museum, the Gerald R. Ford Presidential Museum, the Van Andel Arena, and the Grand Action Development, providing endless opportunities for entertainment and enrichment. The nearby bustling downtown district boasts an array of dining, shopping, and leisure options, ensuring a dynamic and convenient setting for tenants and visitors alike.
