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