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Shopping Strip

Breton Plaza

4463 Breton Rd SE, Grand Rapids, MI 49508

Listing Price: $2,812,000

Cap Rate
7.75%
Rentable SF
31,170
Lot Size
3.97 acres
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to offer a 31,170-square foot plaza located near the intersection of 44th and Breton in Kentwood, MI, a southern Grand Rapids suburb. The plaza abuts Horrocks Market, a one-of-a-kind retail experience offering grocery, deli, greenhouse nursery, home décor, coffee bar and a beer & wine tavern. Anchored by Dollar General, the plaza has a history of nearly 100% occupancy with 13 tenants, most on gross leases. Average daily traffic volume on 44th Street is 32,000 and over 13,000 (2017) on Breton.

Investment Highlights

  • Grocery Anchored, 31,000 SF Plaza, 100% Occupancy
  • Kentwood City Hall, Library & Police Located 0.5 Miles
  • Average Household Income – Five Miles: $76,796
  • ADTC (Average Daily Traffic Count) 32,000 Vehicles
  • Grand Rapids, MI MSA Population 1.1 Million People

Exclusively Listed By

Shopping Strip

Breton Plaza

Listing Price: $2,812,000

Cap Rate
7.75%
Rentable SF
31,170
Lot Size
3.97 acres
Year Built
1985

Investment Highlights

  • Grocery Anchored, 31,000 SF Plaza, 100% Occupancy
  • Kentwood City Hall, Library & Police Located 0.5 Miles
  • Average Household Income – Five Miles: $76,796
  • ADTC (Average Daily Traffic Count) 32,000 Vehicles
  • Grand Rapids, MI MSA Population 1.1 Million People

Investment Overview

Marcus & Millichap is pleased to offer a 31,170-square foot plaza located near the intersection of 44th and Breton in Kentwood, MI, a southern Grand Rapids suburb. The plaza abuts Horrocks Market, a one-of-a-kind retail experience offering grocery, deli, greenhouse nursery, home décor, coffee bar and a beer & wine tavern. Anchored by Dollar General, the plaza has a history of nearly 100% occupancy with 13 tenants, most on gross leases. Average daily traffic volume on 44th Street is 32,000 and over 13,000 (2017) on Breton.

Exclusively Listed By

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