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4116 17LE RD NE Cedar Springs MI 49319-8288

[Locked] • APN 41-02-36-100-004

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 16,872
Lot SqFt 94,046
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code H-C
Year Built 2004
Building Count 1
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Asking Details
Asking Cap Rate
******
Marketing Description

Marcus & Millichap is pleased to present Cedar Springs Retail Center, a fully leased retail asset at 4116 17 Mile Road in Cedar Springs, Michigan. Built in 2004, the property sits on 2.16 acres and offers 15,879 square feet of leasable area. It is strategically located just off U.S. 131 and in close proximity to Meijer, ensuring exceptional visibility and access to strong regional traffic flows.

Cedar Springs is located about 20 miles north of downtown Grand Rapids and is part of the Grand Rapids–Kentwood metropolitan area. The property is positioned in a thriving retail corridor surrounded by national and regional tenants, including Meijer, ALDI, Tractor Supply Co., Dollar Tree, Advance Auto Parts, O’Reily, Family Farm & Home, and AutoZone.

Traffic counts underscore the property’s excellent positioning, with more than 15,133 vehicles per day on 17 Mile Road near the interchange and more than 42,130 vehicles per day along US-131—a combined total exceeding 57,260 vehicles daily.

The surrounding 10-mile trade area boasts a strong consumer base with 78,640 residents in 2024 and steady growth projected to reach more than 80,000 by 2029. Residents within this radius report an average household income of $113,472, well above state and national averages, which supports higher levels of discretionary spending.

The property benefits from strong community anchors, including the Cedar Springs Public School District, which serves more than 3,200 students across multiple schools, and Creative Technologies Academy, a K-12 charter school serving about 300 students. Additional anchors include University of Michigan Health-West Cedar Springs Health Center, an outpatient facility that sees more than 250,000 patient visits annually.

The City of Cedar Springs Master Plan highlights long-term growth opportunities driven by the 425 Agreement with Solon Township, which supports annexation and utility expansion along the US-131 and 17 Mile Road corridor. The plan emphasizes sustainable growth, protection of natural features, and the development of community assets such as the Heart of Cedar Springs Park, Heritage Park and the Fred Meijer White Pine Trail. These civic improvements, paired with retail expansion near the interchange, strengthen the city’s long-term appeal for residents, businesses and investors.

Investment Highlights
  • Multi-Tenant Retail Center | 100% Occupied

  • Strong Leasing Momentum - 6 Units Leased within the past 5 Years

  • 15,879 SF across 9 tenants including Subway, Little Caesars, Great Clips, Tacos El Cuñado, and Lake Life Farms

  • 80% of Tenants on NNN Leases, and Majority of Tenants have 3% Annual Rental Increases

  • High Traffic Corridor

  • 17 Mile Road: 15,133 VPD | US-131: 42,136 VPD | 57,269 Combined VPD

  • Established Retail Trade Area

  • Surrounded by national and regional tenants, including Meijer, ALDI, Tractor Supply Co., Dollar Tree, Advance Auto Parts, O’Reilly Auto Parts, Family Farm & Home, and AutoZone

  • Strong Community Anchors

  • Cedar Springs High School (1,000+ Students) | Creative Technologies Academy (300+ Students) University of Michigan Health-West Cedar Springs Health Center (250,000+ Patients Annually)

  • Affluent & Expanding Suburban Market

  • Nearly 80,000 Residents within 10 Miles | Average Household Income $113,472

  • Daytime Population: 60,000+

  • Convenient Regional Access

  • Located along 17 Mile Road with immediate access to US-131 | 20 Miles North of Grand Rapids

Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description
Great investment opportunity. Located on the main thoroughfare leading to the City of Cedar Springs. Just off US 131. Near Family Farm & Home, Rite Aid and Meijer. Contact L.A. for more details.
Sale Date
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Sold Price
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Sale Book
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Sale Document Type
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Sale Page
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Mortgage 1 Est Interest Rate
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Mortgage 1 Est Loan Balance
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Mortgage 1 Est Payment Amount
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Mortgage 1 Lender
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Mortgage 1 Lien Position
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Mortgage 1 Loan Amount
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Mortgage 1 Loan Maturity Date
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Mortgage 1 Loan Type
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Mortgage 1 Recording Date
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Mortgage 1 Term
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Mortgage 1 Type Financing
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Sold By
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Sold To
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Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
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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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HC CommercialSpecial CommercialHighway Interchange District
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
DJ
Dick Jasinski
•••-•••-1234
•ickj@••••••.com
Brokerage logo
Sold on
 BY:
AV
Ashish Vakhariya PRO
•••.•••.2636
••••••.•••••riya@•••••••••••••••.com
Brokerage logo
Sold on
 BY:
DG
Darin Gross
•••.•••.2634
•••••.•ross@•••••••••••••••.com
Brokerage logo
Sold on
 BY:
SH
Seth Haron
•••.•••.2605
••••.•aron@•••••••••••••••.com
Brokerage logo

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