Holland Retail Center

91-65 Douglas Ave, Holland, MI 49424

  • For Sale $6,389,000
  • Property Type Retail
  • Property Size 71,551 SF
  • Units 41
  • Lot Size 6.17 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1990
  • Date Updated Feb 26, 2024
One of the great Lake Michigan vacation spots, Holland is conveniently located midway between Chicago and Detroit. Although it only takes less than 3 hours to reach us from either major city, you’ll feel like you’re in a different world. Named one of “America’s Prettiest Towns” by Forbes Magazine, and an “All-American City” by the National Civic League, downtown Holland’s cobblestone sidewalks line the streets with over 100 unique and locally owned shops, galleries, eateries, and brew pubs. A place where we explore, shop, eat, drink, play, and relax. A place where a culture of craft inspires our breweries, restaurants, and people. A place with small town charm and big city amenities. Stroll our downtown heated streets and cobblestone sidewalks where over 100 specialty shops, breweries, and restaurants invite you to shop, dine, and enjoy our charming downtown. No matter the season, Holland provides the perfect landscape for your adventure! One of the most coveted resources of Holland is its Lake Michigan coastline and the magnificent beaches that adorn it. From the secluded Laketown Beach to the bustling Holland State Park, Holland's beaches provide endless enjoyment for the beach combers, sunbathers, boaters and anyone who enjoys gorgeous sunsets over Lake Michigan. Holland's beloved and popular "Big Red" lighthouse, which stands proudly at the south side of the Holland Channel, has a long and rich history dating back to the first structure built on that site in 1870. Currently the lighthouse is owned and maintained by a non-profit lighthouse commission and is Michigan's most photographed lighthouse..

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Highlights

  • 71,551 Square Foot Retail Center located on 6.17 Acres of Land
  • 100 Percent Occupied Retail Center - Mostly on NNN Leases in which Expenses are Reimbursed in their Entirety
  • Offered at an Attractive Price/SF Below Replacement Cost and an Attractive CAP Rate
  • Strong Tenant Mix - Neighborhood Shopping Center
  • Large Parcel with Potential Outparcel Opportunities
  • Two Buildings on Separate Parcels - Enables Flexibility in Potentially Selling One of the Buildings in the Future
  • Pride of Ownership Holland Location - One of West Michigan's Premier Residential and Tourist Markets
  • Strong Demographics - Approaching $80K Household Income in a Three Mile Radius

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable
  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Holland, MI
  • Neighborhood Beechwood
  • Zip Code 49424
  • Market Grand Rapids

Points of Interest

  • Holland

    1.17 miles

  • Shell

    0.14 miles

  • Quality Car Wash

    0.18 miles

  • Wesco

    0.21 miles

  • Speedway

    0.47 miles

  • Speedway

    0.73 miles

  • ChargePoint

    1.06 miles

  • Sam's Club

    1.23 miles

  • Marathon

    1.23 miles

  • Shell

    1.41 miles

  • BP

    1.52 miles

  • 7A

    0.87 miles

  • 7B

    0.88 miles

  • City Flats Parking

    0.90 miles

  • 7D

    0.90 miles

  • 7C

    0.91 miles

  • 7E

    0.93 miles

  • 7G

    0.98 miles

  • 7th Street Parking Deck

    0.99 miles

  • 9B

    0.99 miles

  • 9C

    1.01 miles

  • McDonald's

    0.11 miles

  • Taco Bell

    0.14 miles

  • Subway

    0.15 miles

  • Phô Mekong

    0.18 miles

  • Hog Wild

    0.18 miles

  • Wendy's

    0.22 miles

  • Pizza Hut

    0.30 miles

  • deBoer's Restaurant

    0.78 miles

  • Poquito

    0.95 miles

  • HopCat

    0.95 miles

  • D&W Fresh Market

    0.17 miles

  • Walmart Supercenter

    1.11 miles

  • Big Lots

    1.14 miles

  • The Shops at Westshore

    1.47 miles

  • Aldi

    1.53 miles

  • Apple Valley Natural Foods

    1.69 miles

  • Meijer

    2.02 miles

  • Target

    2.16 miles

  • Family Fare

    2.16 miles

  • Save-A-Lot

    2.40 miles

Frequently Asked Questions

What is the lease rate for Holland Retail Center?

Rental asking rate at Holland Retail Center is $3,194,500.00/YR.

What is the total square footage of Holland Retail Center?

Holland Retail Center totals 71,551 square feet.

When was this property built?

Holland Retail Center was built in 1990.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services

(248) 702-0940