NEW MULTI-TENANT OUTLOT FOR LEASE 2019 DELIVERY
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1 NEW MULTI-TENANT OUTLOT FOR LEASE 2019 DELIVERY FOR LEASE > RETAIL OUTLOTS TH STREET SE, GRAND RAPIDS, MI AGENT: MARK ANSARA DIRECT MOBILE GRAND RAPIDS, MI AGENT: EARL CLEMENTS DIRECT MOBILE GRAND RAPIDS, MI
2 FOR LEASE > RETAIL OUTLOTS TH STREET SE, GRAND RAPIDS, MI The Offering The newly-renovated Shops at is conveniently located adjacent to Woodland Mall. With its recently completed $39 million renovation and ideal location in Grand Rapids, Shops at 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 > 72,000+ cars per day
3 28th Street SE, Grand Rapids, MI E BELTLINE AVE ,200 ADT TH ST SE SHOPS AT Golf Galaxy 27 36,400 ADT ,584 ADT 28TH ST SE Pietro s Italian Restaurant Subway Wendy s Tim Horton s BD s Mongolian BBQ Russ Restaurant McDonald s KFC Burger King Taco Bell Long John Silvers Qdoba Arby s Sleep Doc Pizza Hut Lakabob Grand Traverse Pie Co. Old Chicago Pizza Starbucks Jimmy Johns Moe s Southwest Grill Red Robin On the Border TGI Friday s Anna s House WoodPointe Crossing AD WATERFALL SHOPPES ,282 ADT M , Steak-N-Shake Chili s Smokey Bones Applebee s Osaka Arby s IHOP Starbucks Moe s Noodles McDonald s Long Horn Steakhouse Tropical Smoothie Cafe Bob Evans Macaroni Grill Brann s Steakhouse & Grill Bagger Dave s Burger King Sundance Grill Jimmy John s Panera Bread Wendy s The Tile Shop Gormans Furniture Sprint PCS Pfeiffer Infiniti Pfeiffer Lincoln Mercury Pfeiffer Infiniti Penn Station Berger Chevrolet Betten Toyota Harvey Cadillac Lexus Schuler Books Discount Tire Wenzel GMC Buick Pier 1 Imports Payless Shoe Source Dollar General Batteries Plus Klingmans Office Depot Pet Supplies Plus MC Sports Goodwill Lowe s Catherine s Sprint Muffler Man 53 AD T RETAILERS Biggby Coffee Culver s Subway Uccello s Pizzeria & Sports Lounge Smash Burger Arnie s Krispy Kreme Potbelly s 5 Guys Burgers and Fries Red Olive Salad Works Chipotle Mexican Grill Fedex LA Shoes Outback Steakhouse Panera Bread Texas Roadhouse Olive Garden Wendy s Denny s Red Lobster Burger King La Cantina Carrabba s Vacant 71 KRAFT AVE SE E AVE S M 37 RESTAURANTS 00 T PATTERSON AVE SE M OOR BRETON RD SE 29TH ST SE 45,0 25,844 ADT 28TH ST SE SHAFFER AVE SE 4 M Dunhams DSW 25 BROAD Nordstrom Rack Planet Fitmess LAKE EASTBROOK BLVD SE ,000 ADT E PARIS AVE SE Sears INTERSTATE MICHIGAN ADT SE 36,500 Macy s JcPenney WOODLAND MALL BURTON ST SE 20 Kohl s 20. Celebration! Cinema 21. WoodPointe Crossing Lasik Plus AT&T Wireless Great Clips Play N Trade Barstools & More Shoe Carnival 22. Best Buy 23. Toys R Us 24. Eastern Floral 25. Jared (Jewelry) Pure Sleep 26. Fox Ford/Mazda 27. Mens Warehouse Matress Firm Motherhood Maternity Homecare Vitamin Shoppe 28. Trader Joes Dave & Busters 29. Burlington Coat Factory 30. ABC Appliance 31. Michael s PetSmart Gazelle Sports Phantom Fireworks Sleep Doctor Ethan Allen Furniture Fox Hyundai/Kia Buy Buy Baby Value City Furniture Office Max Bath & Body Works Dollar Tree D2 Design Quest Woodcraft of Michigan Salvation Army Fruit Basket Flowerland Big Lots Hobby Lobby Loftz Sam s Club Gander Mountain Acura Nissan/Fox Art Van Furniture Residence Inn La-Z-Boy Sleep Doctor Metro PCS Hairacy Fitness Things Daily Nail Spa Sherwin Williams Jakes Fireworks Home Depot Bed, Bath & Beyond Babies R Us Sleep Doctor Red Roof Inn Staples Aldi Party City Costco Dicks Sporting Goods Target Spring Hill Suites Hampton Inn Best Western Country Inn & Suites Meijer Tim Horton s Qdoba Verizon Wireless Consumer s Credit Union Firehouse Goodwill Biggby Coffee Gordon Food Service Design 1 Day Spa Crowne Plaza Hotel Betten Imports Scottrade Pure Sleep Walmart Medawar s Jewelers
4 PENDING AVAILABLE 1,500-6,000 SF For Lease 2019 Delivery SUITE RSF RATE/RSF/YR RATE/MONTH STATUS LEASE TERMS OR COMMENTS N1 2,000 $39.50 $6, Pending N2 3,500 $39.50 $11,521 N3 4,000 $39.50 $13,167 N4 1,500 $39.50 $4, N5 2,000 $39.50 $6, All suites are months, NNN Approx. $5.95
5 1 28TH STREET Area Facts #7 Fatest Growing U.S. Economy - Headlight Data #19 Best Cities in the U.S. - US News 2nd Best Place for New Small Business. - Lending Tree #5 Best Places to Live in Michigan - Niche #3 Hottest Housing Markets in the U.S. - US News High-performing City - Governing & Living Cities Nearby Retailers 1. WOODLAND MALL 2. LOWE S HOME IMPROVEMENT 3. TRADER JOE S 4. DAVE AND BUSTER S 5. SKY ZONE TRAMPOLINE PARK 6. KENTWOOD TOWNE CENTER 7. SAM S CLUB #1 Metro for Living a Balanced Lifestyle - Magnify Money
6 Demographics Regional Average Consumer Spending 2016: Apparel & Services: $100,000,000 Electronics: $240,000,000 Recreation: $4,300,000,000 Dining: $4,500,000,000 Home Furnishings: $700,000,000 Media Household Income: 30 miles: $68, miles: $70,099 1 mile: $49,453 Median Age: 30 miles: miles: 34 1 mile: 32 Average Traffic Counts Per Day: E Beltline Ave SE 40,000 28th St SE 30,000 E Paris SE 27,000 Burton St SE 27,000 Broadmoor Ave SE 48,000 Population Location Education Business Climate - MSA population of 1.2 million. - Second largest city in West Michigan. - Adjoins City of Grand Rapids, population 197, miles from Gerald R. Ford International Airport. - Served by three (3) highways (US-131, I-196 and M-6) miles from Lake Michigan. - Six (6) public school districts plus parochial and charter schools, all small enough to offer personalized education. - Over twenty (20) colleges in the region with more than 85,000 students enrolled. 38% of the West Michigan population has a college degree. - 1,850 commercial uses including malls, big box retail and major health complex. - Nine (9) companies with more than 400 employees each.
7 Site Plan New Outlot 1,500-6,000 SF $39.50 NNN G N DI N PE Now Open CENTERPOIN
8 West Michigan Overview The newly-renovated Shops at is conveniently located adjacent to Woodland Mall. With its recently completed $39 million renovation and ideal location in Grand Rapids, Shops at 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. The steady drumbeat of our economy has allowed West Michigan to overcome the same peaks and valleys that other cities face over time and has spent the years building an economy where companies do not have to be afraid of investing. Lake Michigan Muskegon Muskegon Heights Norton Shores Spring Lake 96 Grand Haven Walker 31 Jenison Grandville Holland Sparta Comstock Park Zeeland 196 Byron Center Saugatuck Allegan 131 Wayland Rockford Belding Grand Rapids Ada Cascade Kentwood Wyoming Martin Greenville Caledonia Lowell 96 Hastings South Haven Otsego Plainwell Battle Creek 196 PLEASE CONTACT: 3 Coloma Benton Harbor. Joseph Paw Paw Kalamazoo Portage Schoolcraft Mark Ansara Associate Vice President Retail DIR MOB mark.ansara@colliers.com Earl Clements Senior Vice President Retail DIR MOB earl.clements@colliers.com 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.
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