Description
We are pleased to present this opportunity. Grand Haven Shopping Center is a 40,428-square-foot retail investment offered for sale at 518–628 North Beacon Boulevard in Grand Haven, Michigan. The center is priced at $6,962,963, or approximately $172.23 per square foot, at a reported 6.75% capitalization rate and $470,000 in net operating income.
Built in 1997, the center is reported to be approximately 97% leased. Its multi-tenant format provides existing income while the remaining vacancy creates an opportunity to increase occupancy and net operating income. The offering combines established tenancy with near-term value-add potential rather than relying on future development.
The property is positioned along North Beacon Boulevard, a primary Grand Haven retail corridor serving local residents and seasonal visitors.
Offering Summary
- Asking Price$6,962,963
- Price PSF$172.23
- Property TypeRetail
- Size40,428 SF
- Available1,412 SF
- Occupancy97%
- Built1997
- Parking232
Sale Details
- Cap Rate6.75%
- NOI$470,000
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
40,428 SF
Deal Team



