Grand Rapids Office Space

3665 28th St SE - Space Grand Rapids, MI  
Aug 25
53,000
sqft
Office
420 Stocking Ave NW - Space West Grand, Grand Rapids, MI  
Aug 03
7,270
sqft
Office
818 Butterworth St SW - Space SWAN, Grand Rapids, MI HVAC
Jul 25
2,610
sqft
Office
650 Wealthy St SE - Space Madison Area, Grand Rapids, MI  
Jul 19
3,110
sqft
Office Retail
549 Ionia Ave SW - Space Grand Rapids, MI  
Jul 14
33,000
sqft
Office
3501 Lake Eastbrook Blvd SE - Space Grand Rapids, MI  
May 04
1,880
sqft
Sublease Office

Grand Rapids

Market Report

Number of Listings
Posted in the last 90 days
55
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,130

Grand Rapids Rates

On average, listings lease in the $20's per square foot per year. The Grand Rapids region is seeing a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% increase in rent.

Compared to the rest of the Grand Rapids market, the Grand Rapids region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Grand Rapids Listing Supply

In the last 90 days, 1572 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Grand Rapids are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,130 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1924 and are Class Class B.

Grand Rapids Community

Market Data

Real time and historical data on commercial real estate listings in Grand Rapids.
Research