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2750 SE EAST BELTLINE AVE Grand Rapids MI 49546

[Locked] • APN 41-18-11-376-039

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Details
Property Type Retail
Sub Type QSR/Fast Food
Building SqFt 5,023
Lot SqFt 47,045
Acreage ******
Zoning Code MON-C
Year Built 2017
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Tax Year ******
Tax Assessed Value ******
Days on Market ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description

Nestled in a prime retail location, this ground leased Double Drive-Thru Chick-fil-A boasts 13 years remaining on the lease with 10% rent increases every 5 years, offering investors a secure income stream. Situated at a high-traffic 4-way intersection with 65,900 vehicles passing daily, this property provides long-term stability. Conveniently placed across from the bustling Woodland Mall, the property benefits from proximity to major retailers such as Macy’s and JCPenney. Additionally, its positioned as an outparcel to The Shops at Centerpoint a 575,000 SF, Best in Class, Open Air Power Center, Offering Shopping, Restaurants, Entertainment and Fitness Options With a corporate guarantee from Chick-fil-A Inc., boasting over 3,000 locations nationwide, this investment offers a reliable income source.

Investment Highlights

Passive Income —- Ground Leased Double Drive-Thru Chick-fil-A Located at the Heavily Trafficked, 4-Way, Signalized Intersection of E Beltline Avenue SE and 28th Street SE with a Combined 65,900 Vehicles Passing Daily

Lease Term —- Lease Features 13 Years Remaining on the Base Term with Attractive 10% Rent Increases Every 5-Years as a Hedge Against Inflation Providing Investors Long Term Security

Highly Active Retail Corridor —- Subject Property is Strategically Located Across From Woodland Mall, a 1.1 Million SF Enclosed Super-Regional Shopping Mall with Over 100 Tenants Including Macy’s, JCPenny and Von Maur

Shopping Center Out Parcel —- This Chick-fil-A is Positioned as an Out-parcel to The Shops at Centerpoint, a 575,000 SF, Best in Class, Open Air Power Center, Offering Shopping, Restaurants, Entertainment and Fitness Options

Grand Rapids MSA —- Subject Property is Strategically Located In the Grand Rapids MSA - the 2nd Most Populous Area in the State of Michigan with More Than 1.1 Million Residents

Higher Education —- Located within 1.5 Miles From Calvin University a 390-Acre Campus with Over 3,300 Students Enrolled and a Staff in Excess of 330

Sound Store Demographics —- Situated in a Dense Area with Over 198,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $103,000 and a Population Growth Estimated to Exceed 1.50% between 2023 and 2028 within a 1-Mile Radius

Airport Proximity —- This Property is Located within 4-Miles from Gerald R. Ford International - the 2nd Largest Airport in Michigan after Detroit Metropolitan Airport

Corporate Guarantee —- Lease Corporately Guaranteed by Chick-fil-A Inc., With Over 3,000 Locations in 48 States and Revenue in Excess of $21 Billion

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C CommercialGeneral CommercialCommercial
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
MC
Michael A Cardone PRO
•••.•••.1491
•••••••.•••done@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
CP
Christopher Pappas PRO
•••.•••.1419
•••••••••••.••ppas@•••••••••••••••.com
Brokerage logo

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