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This 55,457 square foot retail/office center in the Glenside neighborhood of Muskegon is anchored by long-time retailer Plumb's grocery, occupying 74% of the building. The 4-acre site includes 208 parking spaces and has a daily traffic count of over 15,000. Net Operating Income in 2012 was $169,498 with upside potential to lease nearly 10,000 additional square feet.
SIGNAGE: Building,Pylon DIRECTIONS: Business 31 (Seaway Drive) to Sherman Blvd.; Sherman west to property.
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Most listings are in the $10's per square foot per year. The Norton Shores region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.
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