CVS (Subleased to Dollar General)

Investment Overview

Investment Highlights

• Strategically Located Along Wyoming's Premier Commercial Corridor – Positioned on Byron Center Ave SW at a Signalized Hard Corner Serving the Greater Grand Rapids Trade Area
• Located Within a Top U.S. Metropolitan Market – Situated in the Grand Rapids, MI MSA, Ranked #51 Among the Largest Metropolitan Areas in the U.S.A
• Affluent and Growing Population Base – More Than 7,400 Residents Within 1 Mile and 59,800+ Residents Within 3 Miles, With Average Household Income Exceeding $123,000 and Projected Population Growth of +2.20% Over the Next Five Years
• Signalized Hard Corner With Strong Traffic Counts – More Than 21,000 Vehicles Pass Daily on Byron Center Ave SW and 12,000 Vehicles on 56th St SW, Providing Excellent Visibility and Accessibility
• Strong Daytime Employment – More Than 31,000 Daytime Employees Within 3 Miles Generate Consistent Consumer Traffic and Spending Activity
• National Retail Corridor – Located in a Dense Retail Corridor Surrounded by Several National Tenants Including Walmart, Target, Lowe's, Home Depot, McDonald's, Starbucks, KFC, and Many More
• Excellent Accessibility – Convenient Access to Major Local Roadways and US-131 Provides Strong Regional Connectivity Throughout the Grand Rapids Metropolitan Area
• Regional Economic Strength – The Area Benefits From Manufacturing, Healthcare, Retail, Logistics, and Professional Services
• Strong Consumer Demand Drivers – Affluent Demographics, Population Growth, Employment Density, Strong Traffic Counts, and Retail Synergy Support a Stable Customer Base
• Strong Long-Term Investment Fundamentals – A Top U.S. MSA, Affluent Demographics, Strong Employment, Excellent Traffic Counts, and an Established Retail Corridor Support Long-Term Investment Stability