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FREESTANDING RETAIL BUILDING - GRAND RAPIDS 3040 Eastern Ave SE
8,200 SF of Retail Space Available in Grand Rapids, MI 49508
Sublease Highlights
- 8,200 SF former Family Dollar freestanding building on 1.34-acre parcel in Grand Rapids
- Conveniently located just south of 28th St. SE and 2 miles east of the US-131/28th St. SE interchange
- Area tenants include Dollar Tree, U-Haul, Biggby Coffee, AutoZone, NAPA Auto Parts, Tuff Shed, Sunoco Gas, and others
- Building constructed in 1999
- Shared pylon signage, 26± parking spaces, and multiple ingress/egress options
- Existing tenant’s lease expires 12/31/26 - New lease subject to satisfactory lease termination with existing tenant
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 8,200 SF | Dec 2026 | £6.11 /SF/PA £0.51 /SF/MO £65.82 /m²/PA £5.48 /m²/MO £50,141 /PA £4,178 /MO | Triple Net |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3040 Eastern Ave SE , Grand Rapids, MI 49508
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Freestanding | Parking Ratio | 3.17/1,000 SF |
| Gross Internal Area | 8,200 SF | Cross Streets | 32nd Street and Eastern Ave |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 8,200 SF |
| Year Built | 1999 |
| Parking Ratio | 3.17/1,000 SF |
| Cross Streets | 32nd Street and Eastern Ave |
About the Property
AVAILABLE FOR LEASE: 8,200 SF freestanding former Family Dollar building on approx. 1.34-acre parcel in Grand Rapids. Built in 1999, property is conveniently located just south of 28th St. SE and 2 miles east of the US-131/28th St SE interchange. Site amenities include shared pylon signage, 26± parking spaces, and multiple ingress/egress options. Area tenants include Dollar Tree, U-Haul, Biggby Coffee, AutoZone, NAPA Auto Parts, Tuff Shed, Sunoco Gas, and others. Zoned C-Commercial District in the City of Grand Rapids. Former Tenant closed 2Q 2024. Existing tenant’s lease expires 12/31/26. New lease subject to satisfactory lease termination with existing tenant. All leases subject to landlord’s approval of tenant’s use and credit in its sole discretion. Commission fee and payment schedule may vary - contact listing agent for details.
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Power Broker Jodi Milks -
NAI Wisinski of West Michigan - Kalamazoo Office
Presented by
FREESTANDING RETAIL BUILDING - GRAND RAPIDS | 3040 Eastern Ave SE
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