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2500 East Beltline Ave SE

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Property Information

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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Marketing Materials

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

Aaron Young
616.942.8877 office

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