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407 Turner NW (lease options-425 Turner)
Grand Rapids, MI West Grand

$3,250,000 USD

Portfolio For Sale  •  10,960 SF

2 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 1.02 %
55 Transit Score
86 Walk Score

Highlights

HIghway visibility Intersection of US-131 Hwy & Interstate I-196 Next to New Holland brewery and a super 12% growth in this area!
Lease or purchase options, plenty of opportunity to get in on the ground level and develop property or just buy with a leverage option.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $132,330 USD (2023)
Cap Rate: 1.02 %
Total Expenses: $16,670 USD

Public Transportation

Commuter RailDriveWalkDistance
Grand Rapids Vernon J. Ehlers Station (Pere Marquette - Amtrak) 3 min - 1.3 mi
AirportDriveWalkDistance
Gerald R Ford International 22 min - 15.0 mi
Frank Roberts 616-437-1687 Dadds Magic Bus and Limousine
Frank Roberts 616-437-1687 Dadds Magic Bus and Limousine