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Virtual Drive-By

Dick's Sporting Goods NN

5660 Harvey St · Muskegon, MI 49444 · Specialty Retail

Asking price
$3,516,000
Cap rate
8.00%
NOI
$281,250

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Lease

Lease typeNN
Term remaining5.0 yrs
Expiration—
Rent bumps—
Options—
Ground lease—
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF45,000
Price / SF$78
Year built2000
Lot size—
TypeShopping Center, Storefront
Days on market275

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​

    New Lease Extension | Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases

  • ​

    NN Lease | Fee Simple Ownership | Buyer Subdivision | Minimal Landlord Responsibilities

  • ​

    Anchor Tenant at The Lakes Mall (645,000 SF Retail) | Primary Retail Corridor | Nearby National Credit Tenants

  • ​

    Strong Demographics In 5-Mile Trade Area

Property overview

The Dick’s Sporting Goods box is located on the East side of The Lakes Mall (645,000+ SF of retail), which is located off Harvey Street, between E.​ Mt.​ Garfield Road and E.​ Sternberg Road.​ The Mall has direct access from US Highway 31 (47,000 VPD) with multiple points of ingress and egress along the frontage roads mentioned above.​ A suite of national tenants are outparcel’s to the mall including names like Olive Garden, Starbucks, Bob Evans, Red Lobster, Arby’s, Burger King, Take 5 Oil Change, Buffalo Wild Wings, and more.​ Dick’s is a co-anchor to the mall with Family Farm & Home and JCPenney.​ The surrounding area is the primary retail destination in Muskegon, and features Target, Menards, Meijer, Burlington, TJ Maxx, HomeGoods, Best Buy and Aldi to name a few, further increasing consumer traffic to the site.​ The 5-mile trade area is supported by a population of over 66,000 residents with an average household income of $88,000.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.