- For Sale $1,000,000
- Property Type Retail - Street Retail
- Property Size 2,316 SF
- Units 1
- Lot Size 0.56 Acre
- Year Built 1968
- Date Updated Jul 6, 2026
Description
Holland is a city in Ottawa and Allegan counties in the state of Michigan. Located in the western region of the Lower Peninsula, the city is situated near the eastern shore of Lake Michigan on Lake Macatawa, which is fed by the Macatawa River. As of the 2020 census, the population was 34,378, with an urbanized area population of 107,034.
It is home to Hope College and Western Theological Seminary, institutions of the Reformed Church in America. Holland's economy includes manufacturing, agriculture, tourism, and higher education. It is home to a number of prominent companies, including Herman Miller, Haworth, and Adient. The city also attracts thousands of visitors each year for its annual Tulip Time Festival, which celebrates the area's Dutch heritage and tulip fields.
The city spans the Ottawa/Allegan county line, with 9.08 square miles in Ottawa and the remaining 8.13 square miles in Allegan. Holland is the largest city in both Ottawa and Allegan counties. The Ottawa County portion is part of the Grand Rapids metropolitan area, while the Allegan County portion anchors the Holland micropolitan statistical area, which is coextensive with Allegan County. The city is part of the larger Grand Rapids–Wyoming combined statistical area.
Each May, Holland hosts an annual Tulip Time Festival. Tulip planting and the festival began in 1930 when 250,000 tulips were planted for the event. Currently six million tulips are used throughout the city. Tulips are planted along many city streets, in city parks and outside municipal buildings as well as at tourist attractions like Dutch Village, the city-owned Windmill Island Gardens, and at a large tulip farm named Veldheer Tulip Gardens. It is normally held the second week of May, during the tulip blooming season. Cruise ships such as the Yorktown from the Great Lakes Cruising Company make Holland a port of call. About one million tourists visit Tulip Time each year, for which the community finds innovative ways to enhance self-funded projects..
Highlights
- Absolute NNN Sale Structure - Zero Landlord Responsibilities, Tenant is Responsible for all Taxes, Insurance, CAM, Roof, and Structure
- Affluent Demographics - Average Household Income of $104,000+ Within 5 Miles of the Property
- Attractive 3.5% Rent to Sales Ratio - Favorable rent coverage demonstrates strong unit-level performance
- Dense Demographics - Strong Household Density and Residential Base with 98,000+ People Living Within 5 Miles of the Property
- Drive-Thru Equipped Location – Enhancing customer convenience and increasing sales volume
- Located in a High Traffic Area - 33,000+ Vehicles Pass the Site Every Day
- Long-Term 15-Year Lease - With an Additional Four (4) 5-year Renewal Options Provided
- Rental Increases - 10% Increases Every 5 Years in the Initial Term and in the Option Periods
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Contacts
Brandon Kassab
Encore Real Estate Investment Services
Location
Located at 172 N River Ave, Holland, MI 49424, this property is part of the Beechwood neighborhood and Grand Rapids market.
Contact Listing Broker
Brandon Kassab
Encore Real Estate Investment Services