2500 East Beltline Ave SE
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This property is unique in the marketplace as it truly acts as a traffic cut-off point as the northern demographic enters the market. This site is “sandwiched” between two regional malls (Woodland Mall & Centerpointe Mall) with connectivity via Lake Eastbrook. Additionally, the north & south thoroughfare (East Beltline) carries 52,000 cars per day and is a primary funnel into the 28th Street Market where there is over 8,000,000 square feet of retail. The development benefits from a full movement intersection that was upgraded summer of 2008 to handle its now current 68,000 cars per day with dual turn lanes added along with a wider intersection. The tenant sign package is in excess of the current zoning ordinance and was approved as a condition of site plan. Additionally, the remaining retail yet to be built has flexible bay depth with the ability to accommodate truck wells.
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- property
- Retail
- county
- Kent
- address
- 2500 East Beltline Ave SE
Grand Rapids - municipality
- City of Grand Rapids
- total building square footage
- 48,509 sq ft
- number of floors
- 1
- parking
- Off Street Parking
Lease Units
| MLS # | Suite | Floor | Rentable Sq. Ft. | Usable Sq. Ft. | Lease Rate Sq Ft/Year |
Lease Rate Per Month |
Est. CAM |
|---|---|---|---|---|---|---|---|
| - | H - LEASED | 1 | 1,525 | 1,525 | $25.00 | $3,177 | - |
| 780520 | I | 1 | 2,820 | 2,820 | $17.50 | $4,118.33 | - |
| - | L - LEASED | 1 | 2,400 | 2,400 | $25.00 | $5,000 | - |
| 780522 | M | 1 | 2,000 | 2,000 | $22.00 | $3,666.67 | - |
| - | N | 1 | 2,000 | 2,000 | $22.00 | $3,666.67 | - |
| - | O - LEASED | 1 | 4,000 | 4,000 | $25.00 | $8,333.33 | - |
| - | P - BUILD TO SUIT | 1 | 25,000 | 25,000 | $15.00 | $31,250 | - |
| 780523 | M/N - Combined | 1 | 4,000 | 4,000 | $22.00 | $7,333.33 | - |
Related Brokers
Aaron Young
616.942.8877 office
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