Offering Memorandum
Investment Sale
South Village Plaza
1830-1879 172nd Ave
Grand Haven, Michigan
Grand Haven, Michigan
eCode:070i
Sales Price
$4,287,781
NOI
$332,303
Cap Rate
7.75%
Building Size
31,034 SF
Lot Size
4.03 AC
Year Built
1996
Tenant Roster
- Powerhouse Gym
- Sherwin Williams
- Nature’s Envy
- Sweet Fire Tobacco
- Pampered Pups
- Quality Vacuum
Traffic Count
US-31 (31,685 CPD)
Robbins Rd (6,083 CPD)
Highlights
- High-Traffic Tourist Hub
- Strategic Location in Grand Haven’s Commercial Corridor
- Strong Demographics
- Recent Investments
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 6,712 | 27,272 | 49,722 |
| Household Income | $84,966 | $111,669 | $122,681 |
| Daytime Pop | 8,006 | 19,715 | 24,980 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan
$18,181,416 | 114,830 SF
Auburn Hills, Michigan
$18,181,416 | 114,830 SF