Build-to-Suit/Ground Lease Opportunity 28th Street SE & Charlevoix Drive SE SE

Centennial Plaza Pad Site is an approximately 1.15-acre build-to-suit/ground lease opportunity in the heart of the Cascade retail corridor. This is prime real estate for a drive thru eatery/café, bank with drive thru access, urgent care, or other retail/medical options. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled on-site property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed developments. Strategically located along 28th Street SE, the site offers unmatched brand exposure with visibility to over 27,345 daily drivers on Charlevoix Drive SE and 28th Street SE. The site also benefits from the area’s dense retail including Walmart, Meijer, Costco, and Target nearby. Synonymous with experiential dining and destination shopping, Woodland Mall is a seven-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking and a signalized intersection. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 84,682 people lives within a five-mile radius of the property, with the average household income exceeding $103,459. Cascade residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 15 minutes southeast of Downtown Grand Rapids, the Cascade area has been rapidly growing with a projected population growth of 3.6% over the next five years. Together these residents make up a total annual consumer spending of over $3.27 billion, almost $200 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Grand Rapids and make it an excellent area to locate a company. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.