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On average, commerial real estate listings lease in the $10's per square foot per year. The West Grand region is seeing a a rise in rates. In the last 3 months, the median rate for lease rose $4 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the Grand Rapids commercial real estate market, the West Grand region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 122 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 160 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built approximately 1905 and are Class .
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst West Grand occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in West Grand.
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