NEW MULTI-TENANT OUTLOT FOR LEASE 2019 DELIVERY
FOR LEASE > RETAIL OUTLOTS
shops at CENTERPOINT
3665 28TH STREET SE, GRAND RAPIDS, MI 49512
AGENT: MARK ANSARA AGENT: EARL CLEMENTS 616 988 5835 | DIRECT 616 242 5175 DIRECT 616 745 9290 | MOBILE 616 292 5046 | MOBILE GRAND RAPIDS, MI GRAND RAPIDS, MI [email protected] [email protected] 1 FOR LEASE > RETAIL OUTLOTS
shops at CENTERPOINT
3665 28TH STREET SE, GRAND RAPIDS, MI 49512
The Offering
The newly-renovated Shops at CenterPoint is conveniently located adjacent to Woodland Mall. With its recently completed $39 million renovation and ideal location in Grand Rapids, Shops at CenterPoint and its tenants are perfectly positioned to benefit from the region’s growing economic strength. West Michigan’s culture of community and corporate best practices offers multiple opportunities for retailers. Including the tri-cities of Holland, Muskegon and Grand Rapids, the area consists of over one (1) million people.
Offering Highlights
> Fast-paced retail corridor > Strong national tenant mix > 88,000+ cars per day
2 28th Street SE, Grand Rapids, MI
E BELTLINE AVE SE
BURTON ST SE INTERSTATE 20 MICHIGAN Kohl’s E PARIS AVE SE 96 21 45,000 ADT Macy’s JcPenney 36,500 ADT 21 WOODLAND Nordstrom 61 62 MALL Rack Planet Fitmess 22 64 Sears SHOPS AT 70 18 19 22 46 66 68 23 Dunhams CENTERPOINT 51 52 53 63 65 5269 20 DSW Golf 47 50 51 24 Galaxy 33 45 38 39 40 4244 47,282 ADT 11 23 25 35 37 38 39 47 36 48 M 12 29 32 34 34,584 ADT 11 71 53 1 1 7 8 5 M 101112 13 17 49 2 3 36,400 ADT27 28TH ST SE 6048 67 11 25,844 ADT 36,000 ADT 28TH ST SE 40,200 ADT LAKE EASTBROOK BLVD SE 41 4345 46 33 34 35 37 13 15 16 19 25 26 27 28 28 303031 40 44 2 5 6 4 9 10 6 7 8 9 14 1516 24 41 49 54 B 31 32 36 42 3 18 R 26 29 50 55 49,653 ADT 14 O 4 SHAFFER AVE SE 29TH ST SE A 43 WATERFALL 17 D M BRETON RD SE 29TH ST SE SHOPPES
PATTERSON AVE SE 59 O
O
R 56 57
A
V 58
E
KRAFT AVE SE
S
E
M 37
042215 RESTAURANTS RETAILERS
1. Pietro’s Italian Restaurant Biggby Coff ee 36. Steak-N-Shake 1. The Tile Shop 20. Celebration! Cinema 32. Phantom Fireworks Daily Nail Spa 65. Gordon Food Service 2. Subway Culver’s 37. Chili’s 2. Gormans Furniture 21. WoodPointe Crossing 33. Sleep Doctor Sherwin Williams 66. Design 1 Day Spa 3. Wendy’s Subway 38. Smokey Bones 3. Sprint PCS Lasik Plus 34. Ethan Allen Furniture 49. Jakes Fireworks 67. Crowne Plaza Hotel 4. Tim Horton’s 22. Uccello’s Pizzeria & Sports 39. Applebee’s 4. Pfeiff er Infi niti AT&T Wireless 35. Fox Hyundai/Kia 50. Home Depot 68. Betten Imports 5. BD’s Mongolian BBQ Lounge 40. Osaka 5. Pfeiff er Lincoln Mercury Great Clips 36. Buy Buy Baby 51. Bed, Bath & Beyond 69. Scottrade 6. Russ’ Restaurant 23. Smash Burger 41. Arby’s Pfeiff er Infi niti Play N Trade Value City Furniture Babies R’ Us Pure Sleep 7. McDonald’s Arnie’s 42. IHOP 6. Penn Station Barstools & More Offi ce Max 52. Sleep Doctor 70. Walmart 8. KFC 24. Krispy Kreme 43. Starbucks 7. Berger Chevrolet Shoe Carnival Bath & Body Works 53. Red Roof Inn 71. Medawar’s Jewelers 9. Burger King 25. Potbelly’s Moe’s 8. Betten Toyota 22. Best Buy Dollar Tree 54. Staples 10. Taco Bell 5 Guys Burgers and Fries Noodles 9. Harvey Cadillac Lexus 23. Toys R Us 37. D2 Design Quest Aldi 11. Long John Silvers Red Olive 44. McDonald’s 10. Schuler Books 24. Eastern Floral Woodcraft of Michigan Party City 12. Qdoba Salad Works 45. Long Horn Steakhouse 11. Discount Tire 25. Jared (Jewelry) 38. Salvation Army 55. Costco 13. Arby’s 26. Chipotle Mexican Grill Tropical Smoothie Cafe 12. Wenzel GMC Buick Pure Sleep 39. Fruit Basket Flowerland 56. Dicks Sporting Goods 14. Sleep Doc Fedex 46. Bob Evans 13. Pier 1 Imports 26. Fox Ford/Mazda 40. Big Lots 57. Target Pizza Hut LA Shoes 47. Macaroni Grill Payless Shoe Source 27. Mens Warehouse Hobby Lobby 58. Spring Hill Suites 15. Lakabob 27. Outback Steakhouse 48. Brann’s Steakhouse & Grill Dollar General Matress Firm 41. Loftz 59. Hampton Inn 16. Grand Traverse Pie Co. 28. Panera Bread 49. Bagger Dave’s Batteries Plus Motherhood Maternity 42. Sam’s Club 60. Best Western 17. Old Chicago Pizza Texas Roadhouse 50. Burger King 14. Klingmans Homecare 43. Gander Mountain 61. Country Inn & Suites Starbucks 29. Olive Garden 51. Sundance Grill Offi ce Depot Vitamin Shoppe 44. Acura Nissan/Fox 62. Meijer Jimmy Johns Wendy’s 52. Jimmy John’s 15. Pet Supplies Plus 28. Trader Joes 45. Art Van Furniture 63. Tim Horton’s Moe’s Southwest Grill 30. Denny’s 53. Panera Bread 16. MC Sports Dave & Busters 46. Residence Inn Qdoba 18. Red Robin 31. Red Lobster Wendy’s 17. Goodwill 29. Burlington Coat Factory 47. La-Z-Boy Verizon Wireless On the Border 32. Burger King 18. Lowe’s 30. ABC Appliance Sleep Doctor Consumer’s Credit Union 19. TGI Friday’s 33. La Cantina 19. Catherine’s 31. Michael’s 48. Metro PCS Firehouse 20. Anna’s House 34. Carrabba’s Sprint PetSmart Hairacy 64. Goodwill 21. WoodPointe Crossing 35. Vacant Muffl er Man Gazelle Sports Fitness Things Biggby Coff ee 3 AVAILABLE 1,500 - 9,000 SF
For Lease 2019 Delivery
SUITE RSF RATE/RSF/YR RATE/MONTH STATUS LEASE TERMS OR COMMENTS All suites are 60-120 months, NNN N1 2,000 $37.50 $6,250 Approx. $6.30 N2 3,500 $37.50 $10,937 N3 4,000 $37.50 $12,500 N4 1,500 $37.50 $4,687 N5 2,000 $37.50 $6,250 N1-N5 9,000 $35.00 $26,250
4 1 shops at CENTERPOINT
28TH STREET 3 6 7 2 4
5
Area Facts
“#7 Fatest Growing U.S. Economy” - Headlight Data Nearby Retailers “#19 Best Cities in the U.S.” - US News 1. WOODLAND MALL “2nd Best Place for New Small Business.” - Lending Tree 2. LOWE’S HOME IMPROVEMENT 3. TRADER JOE’S “#5 Best Places to Live in Michigan” 4. DAVE AND BUSTER’S - Niche 5. SKY ZONE TRAMPOLINE PARK “#3 Hottest Housing Markets in the U.S.” - US News 6. KENTWOOD TOWNE CENTER
“High-performing City” - Governing & Living Cities 7. SAM’S CLUB
“#1 Metro for Living a Balanced Lifestyle” - Magnify Money
5 Demographics
Regional Total Consumer Spending (2018): Population Apparel & Services: $501,322,591 Electronics: $302,566,567 - MSA population of 1.06 million. Recreation: $435,685,036 - Second largest city in West Michigan. Dining: $814,645,492 - Adjoins City of Grand Rapids, population 198,829. Home Furnishings: $306,614,402 Location Media Household Income (2018): - 4.4 miles from Gerald R. Ford International Airport. 30 miles: $55,966 - Served by three (3) highways (US-131, I-196 and M-6). 15 miles: $55,935 - 30 miles from Lake Michigan. 1 mile: $38,136 Education Median Age (2018): - Six (6) public school districts plus parochial and charter schools, all small enough to offer personalized education. 30 miles: 34.6 - Over twenty (20) colleges in the region with more than 15 miles: 34.4 85,000 students enrolled. 38% of the West Michigan 1 mile: 34.7 population has a college degree.
Average Traffic Counts Per Day (2018): Business Climate E Beltline Ave SE 42,897 28th St SE 31,933 - 1,850 commercial uses including malls, big box retail and E Paris SE 21,010 major health complex. Burton St SE 33,310 - Nine (9) companies with more than 400 employees each. Broadmoor Ave SE 27,687
6 Site Plan
AGENT: MARK ANSARA AGENT: EARL CLEMENTS 616 745 9290 | MOBILE 616 292 5046 | MOBILE GRAND RAPIDS, MI GRAND RAPIDS, MI [email protected] [email protected]
Up to Available 100,000 SF 5,400 SF
shops at Available CENTERPOINT $24.00 NNN
New Outlot Available 1,500-9,000 SF 5-37,500 SF $37.50 NNN $6-10, NNN
Available
FORMER 4,525 SF $18.00 NNN
shops at shops at CENTERPOINT CENTERPOINT
shops at shops at CENTERPOINT CENTERPOINT
Business Opportunity Available Up to 50,000 SF 1,200-3,370 SF $37.50 NNN
7 West Michigan Overview
The newly-renovated Shops at CenterPoint is conveniently located adjacent to Woodland Mall. With its recently completed $39 million renovation and ideal location in Grand Rapids, Shops at CenterPoint and its tenants are perfectly positioned to benefit from the region’s growing economic strength.
West Michigan’s culture of community and corporate best practices offers multiple opportunities for retailers. Including the tri-cities of Holland, Muskegon and Grand Rapids, the area consists of over one (1) million people.
PLEASE CONTACT:
Mark Ansara Earl Clements shops at Associate Vice President | Retail Senior Vice President | Retail CENTERPOINT DIR 616 988 5835 DIR 616 242 5175 MOB 616 745 9290 MOB 616 292 5046 [email protected] [email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price or other conditions, and withdrawal without notice. This information is being presented for internal review only. Should a formal marketing package be prepared, the cash flow schedule, financing assumptions, photographs, and market analysis would be customized and presented differently and in such a way to promote maximum value for the property. 8