Michigan Industrial

300 36th St SW Listing
Wyoming, MI
# 300 36th St SW FOR LEASE - 150,000 - 1,000,000 SF - Site 36 Industrial Park is well positioned for immediate development by Franklin Partners.  This vast, 92-acre park is the premier destination for large scale, advanced manufacturing in West Michigan.  Site 36 offers over 80 acres of contiguous, shovel ready manufacturing infrastructure, including direct access to US-131, in the heart of the metro area.  With a total population of 300,000 people within 5 miles of the site, including 29,750 people currently employed in manufacturing, Site 36 is located in the heart of a talent rich, hard-working community. Located in the City of Wyoming, Site 36 is serviced by nearly every major mode of transportation. This site has immediate access to a major north/south highway, US-131, direct freight rail service, and is eight miles from Gerald R. Ford International Airport.  The Industrial Park offers its own Consumers Energy sub-station with up to 41MW of dedicated power at T-1 rates, and can accommodate new facilities from 100K SF up to 1M SF.  High-pressure natural gas and ample municipal water and sewer are also available on site.  Site 36 has two existing rail spurs into the site, which are directly adjacent to the Grand Elk Railroad yard.  The Grand Elk connects to three class one railroads in Elkhart, Indiana, approximately 100 miles south of the site.  With 20 years of industrial development experience in West Michigan, Franklin Partners understands large manufacturing users and is the ideal development partner for state-of-the-art manufacturing facilities.  The City of Wyoming is motivated to attract new jobs and can offer significant state and local tax incentives to attract large users to the site.  Franklin Partners and Colliers International bring industry expertise to simplify and expedite the entire process.  

Michigan

Office Space Market Report

Number of Listings (last 90 days)
2,258
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,370
As of: December 10, 2016

Michigan Rates

On average, listings lease in the $20's per square foot per year. The Michigan region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Michigan Listing Supply

In the last 90 days, 2258 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Michigan are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,370 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1967 and are Class B.

Michigan Community

Market Report

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

Market Data

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