American Signature - 4375 28th St SE, Grand Rapids, MI 49512

The subject asset is 100% leased to American Signature Inc. (“American Signature”) for 15 years. American Signature Inc. is the parent company of American Signature Furniture and Value City Furniture, which manufacture and distribute residential furniture for outdoor patios, bedrooms, and more. American Signature, Inc. has been family-owned for over 70 years and operates over 100 stores within its family of companies. The triple net lease is at a rate of $9.50 per square foot, which escalates every five (5) years. The building features a clear height of 20-26’, a rear warehouse component, as well as four (4) exterior loading docks. The asset is located in metropolitan Grand Rapids’ premier retail corridor with notable tenants nearby. The property is a short drive from the I-96 access ramp and the Gerald R. Ford International Airport, Michigan’s 2nd largest
airport.