Receiver Sale: Former Rite Aid | Cedar Springs, MI

Investment Highlights

• ±14,653 SF Former Rite Aid w/ drive-thru
• Total parcel is ±1.80 acres with 270’ of frontage along 17 Mile Road
• Two (2) curb cuts – both on 17 Mile Road provide convenient vehicle access
• Located approximately 20 miles north of Downtown Grand Rapids
• Positioned within the local commercial corridor directly east of US-131, a major north-south highway
• Surrounded by single-family residential homes and other local/national retailers
• Clear signage on 17 Mile Road

  
Executive Summary  

Friedman Real Estate Brokerage Inc., in conjunction with RI Marketplace, is pleased to present for sale, 4166 17 Mile Road NE in Cedar Springs, Michigan (the “Property”).  This freestanding retail building totaling approximately ±14,653 square feet (SF) situated on a ±1.80 acre (AC) parcel along the primary commercial corridor of 17 Mile Road in Cedar Springs, Michigan was originally developed for Rite Aid and offers a proven retail layout that supports pharmacy, medical, retail, or service-oriented users.  Any retailer at the property will immediately benefit from strong visibility along 17 Mile Road, one of the primary east–west commercial corridors serving Cedar Springs and surrounding communities, providing excellent exposure to local and commuter traffic.  It also offers exceptional regional connectivity and quick access to the greater Grand Rapids metropolitan area, located approximately 20 miles to the south. The immediate trade area is supported by several national and regional retailers located near the US-131 interchange, including Meijer, ALDI, Tractor Supply Co., Dollar Tree, Advance Auto Parts, and AutoZone, creating a strong retail cluster that drives consistent consumer traffic to the corridor.

Auctioneer: Jerry Helmer c/o Fisher Auction Company Inc. License: 6504064915