For Sale $2,500,000
Property Type Retail - Street Retail
Property Size 13,844 SF
Date Updated Dec 13, 2023

On the North side of Monroe Center directly across from Rosa Parks Circle near Monroe Street and Pearl Street intersection.This is a fully leased four unit MonroeMall Retail Investment property. It is anchored by a 4,125 SF Family EyeCarePractice. The other three units are approximately 1,800 SF each, and each has a good quality business presentation. The Investment Property is presented at a 7.58% cap rate.

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Attachments

Monroe, 140, OM - DT (PDF) opens in new window

Contacts

Douglas G. Taatjes

NAI Wisinski of West Michigan

(616) 242-1117

Location

Getting Around

Walk Score ®
97/100 Walker's Paradise
Transit Score ®
64/100 Good Transit
Bike Score ®
68/100 Bikeable

City Grand Rapids, MI
Neighborhood Downtown Grand Rapids
Zip Code 49503
Market Grand Rapids

Points of Interest

Grand Rapids

0.72 miles

Mobil

0.50 miles
Mobil

0.74 miles
Meijer Express

0.79 miles
Mobil

0.79 miles
Pacific Pride

0.98 miles
Marathon

1.20 miles
Speedway

1.34 miles
Shell

1.58 miles
Speedway

1.63 miles
Sunoco

1.64 miles

Area 3

0.30 miles
Area 2

0.33 miles
Museum Parking

0.34 miles
Ramp 6

0.39 miles
Cherry St. Parking

0.42 miles
Area 7

0.45 miles
Area 6A

0.48 miles
Ramp 8

0.49 miles
Ramp 7

0.51 miles
Seidman Lot

0.51 miles

Sweet Yo's

0.01 miles
Sushi Yama

0.02 miles
Cinco de Mayo

0.05 miles
ATO Sushi

0.06 miles
Tupelo Honey

0.07 miles
Real Seafood Co

0.08 miles
Panera Bread

0.09 miles
Parsley Mediterranean Grill

0.09 miles
Big O's Cafe

0.09 miles
Littlebird

0.10 miles

Grand Central Market

0.17 miles
Bridge Street Market

0.70 miles
Wealthy Market

1.57 miles
Fulton Street Farmer’s Market

1.57 miles
Creston Market

1.59 miles
Family Fare

1.81 miles
Family Fare

2.12 miles
D&W

3.03 miles
Meijer

3.09 miles
Family Fare

3.30 miles

Frequently Asked Questions

What is the lease rate for 140 Monroe Center St NW?

Rental asking rate at 140 Monroe Center St NW is $1,250,000.00/YR.

What is the total square footage of 140 Monroe Center St NW?

140 Monroe Center St NW totals 13,844 square feet.

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