- For Sale $3,810,000
- Property Type Retail - Freestanding
- Property Size 4,320 SF
- Lot Size 1.53 Acre
- Date Updated Mar 16, 2026
Description
Mid-America Real Estate - Michigan, Inc. has been retained on behalf of ownership to sell the 100% fee simple interest in 1.53 acres of land with a ground lease containing a 4,320 square foot Bank of America. The site is conveniently located at The Village at Knapp’s Crossing, off of E. Beltline Avenue in Grand Rapids, Michigan. This is the dominant center in the market and has a strong mix of anchors and junior box tenants.
Highlights
- Bank of America has signed a 15 year ground lease where the landlord has no responsibilities. Tenant is responsible for all costs, expenses, and obligations related to repair, maintenance, replacement, taxes, and insurance. This is an ideal, management free investment for a passive investor.
- Bank of America is building their own new prototype building, which incorporates double drive-thru lanes, and an updated interior/exterior. Construction started in October 2024, with an estimated completion of Q2 2026.
- Long Term Ground Lease, No Landlord Responsibilities
- New Prototype Construction
- Strong Market Co-Tenancy
False
Contacts
Andrew Bell
Mid-America
Location
Located at 2284 E. Beltline Avenue NE, Grand Rapids, MI 49525, this property is part of the Grand Rapids neighborhood and Grand Rapids market.
Contact Listing Broker
Andrew Bell
Mid-America
