Property History
Fortis Net Lease is proud to present this exclusive retail multi-tenant offering located in the heart of Byron Center, MI only 7 miles from Grand Rapids. This offering includes a fully occupied 6 tenant retail strip located in an impressively trafficked corridor in Byron Center. 76th Street itself sees a whopping 14,062 vehicles per day while nearby US-131 -a major Michigan Highway artery - sees over 71,000 vehicles per day. This property is located only 900 feet from one of the busiest roads in the entire state.
The subject offering represents an ideal opportunity for a 1031 exchange buyer or passive investor looking for a healthy return on an excellent piece of real estate. This investment will offer a new owner continued success due to the massive growth of the local population as well as the proximity to major thoroughfares.
- Excellent Tenant Mix & Diversified Lease Rollover
- Meticulously Well-Maintained Building
- Strong Demographics | 14,062 VPD on 76th St and 71,642 VPD on US-131
- Incredible 5%+ Population Growth
- Average Household Income Exceeds $75,000
- 5 Mile Population Greater Than 115,000 Residents
- Contractual Rent Growth In 3 Of 6 Leases
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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