4517 Lake Michigan Dr NW

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4517 Lake Michigan Dr NW

walker, MI 49534
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

4517 Lake Michigan Drive NW is situated in Walker, Michigan, along a primary commercial corridor connecting Grand Rapids to the western suburbs. The neighborhood features a mix of established residential pockets and active retail centers. The property offers high visibility with direct frontage on Lake Michigan Drive and is located less than two miles from the I-196 interchange. Nearby amenities include national grocery chains, diverse dining options, and professional service offices. The location benefit from consistent daily traffic counts and proximity to Grand Valley State University's Pew Campus. The property is well-suited for traditional retail storefronts, service-oriented businesses, or specialized showrooms. The layout and high-traffic location support tenant profiles such as boutique retailers, fitness studios, or quick-service food providers. Additionally, the site accommodates professional services requiring high consumer exposure, including insurance agencies or financial offices. Its position within a growing suburban trade area makes it an ideal destination for businesses seeking to capture both local residential traffic and regional commuters traveling between the Lakeshore and the downtown Grand Rapids metropolitan area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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