4160 Plainfield Ave. NE Grand Rapids, MI 49525
4160 Plainfield Ave NE
Price: US$ 875,000.00
No. Of Units: 1
Category: For Sale
Sub-Type: Retail - Free Standing Bldg
Property Uses: Investment Property
Year Built: 1000
Adjusted Year Built: 1000
Building Size: 14100 Sq. ft.
Salvation Army has been a tenant at 4160 Plainfield Ave since 2007. This is a 14,100sf building. They are currently paying $8479 per month and the lease terminates Aug 31, 2023. The Salvation Army has executed a five year renewal for $9646 per month starting Sept 2023. The landlord pays property taxes and common area maintenance. NOI is approx. $83,700 for the renewal period.