3423 Plainfield Ave NE
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3423 Plainfield Ave NE
1,954 SF Retail Building Grand Rapids, MI 49525 £2,578,173 (£1,319/SF) 10.30% Net Initial Yield
Investment Highlights
- Active Lease with Skymint/3Fifteen.
- Excellent Road Visibility & Ample Parking.
- 10.3% Cap Rate
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,954 SF
Building Class
B
Year Built/Renovated
1910/2020
Price
£2,578,173
Price Per SF
£1,319
Net Initial Yield
10.30%
NOI
£265,552
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
0.38 AC
Zoning
General Commercial - Commercial Zoned District
Frontage
160 ft on Plainfield Ave NE
Amenities
- Corner Lot
- Pylon Sign
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 41-14-05-230-002 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £157,898 |
PROPERTY TAXES
Parcel Number
41-14-05-230-002
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£157,898
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3423 Plainfield Ave NE
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