Grand Rapids For Sale

Grand Rapids

Office Space Market Report

Number of Listings (last 90 days)
67
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,670
As of: August 17, 2017

Grand Rapids Rates

Most listings are in the $20's per square foot per year. The Grand Rapids region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

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

Grand Rapids Listing Supply

In the last 90 days, 67 listings have been made available, so you'll want to check back regularly for new listings. About 76% of the office spaces in the Grand Rapids are subleases, so you might be able to snag a great spot on a short term. 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 1,670 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1924 and are Class Class B.

Grand Rapids Community

Market Report

Trends and status of the commercial real estate market in Grand Rapids.
Market Report

Market Data

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