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5260 Lovers Lane Listing Details & Market Data

Off-Market

5260 Lovers Lane, Portage, MI 49002

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  • Property Type Industrial - Manufacturing
  • Property Size 39,298 SF
  • Lot Size 16.25 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1949

Location

  • City Portage, MI
  • Neighborhood Portage
  • Zip Code 49002
  • Market Grand Rapids

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 21 Dec, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Portage

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Portage Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $18.70
  • 2020 Office Vacancy Rate 34.95%
  • 2020 Office Completions (SF)

Tax

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