Pending
1625 Leonard St NE
1625 Leonard St NE, Grand Rapids, MI 49505
1 / 16
Overview
Fully leased strip center with leases in-place with
a gym, Dollar General, Michigan Radiology
and a Fifth Third ATM. Recently remodeled
with fresh paint, new LED lighting and exterior
facade. Situated on busy Leonard Street NE, Ball
Avenue NE, and Fuller Avenue NE retail corridor
surrounding many roof tops. Neighboring
retailers include Dollar Tree, Family Fare.
Speedway, Jimmy John’s and CVS Pharmacy.
Attachments
For Sale
Retail
Investment
- Sale Price
- $2,200,000
- Price Per SF
- $67.1/SF
- Cap Rate
- 8.98%
- Building Size
- 32,810 SF
- Acres
- 3.646 ac
- Zoning
- COMMERCIAL
- Net Operating Income
- $197,500
- Business Park
- Dollar General Plaza
- Number of Buildings
- 1
- Floors
- 1
- Construction Siding
- Brick
- Construction Type
- Masonry Reinforced
- Submarket
- Knapp/Fulton
- Nearest MSA
- Grand Rapids-Kentwood
- Property Status
- Existing
- Ceiling Height
- 14' - 18'
- County
- Kent
- Created
- 04/06/2022
- Updated
- 10/08/2025
- Listing ID
- bc23cfcd
- Parcel APN
- 411416352026