Michigan Industrial

296 Roost Avenue Space
Beechwood, MI
# 296 Roost Avenue FOR SALE OR LEASE - 48,249 SF Sale comments: Clean USDA approved food grade building located in Holland, Michigan. This fully secure facility offers over 32,000 SF of clear span refrigeration space with interior clear heights of 33’-35’ that is capable of food grade warehousing or food grade manufacturing . It is engineered to operate at 34-36 degrees Fahrenheit and is less than one mile from the I-196 and US-31 interchange. The space includes 5,250 SF of office and 42,999 SF of warehouse / distribution / manufacturing area, with the docks separated from the main warehouse/manufacturing are for enhanced cleanliness and food safety. The building can accommodate an expansion of 74,000 SF and could be constructed as dry, refrigerated or freezer space. The building sits on a fenced lot and includes ample on-site employee parking and plenty of trailer parking. Also available for lease.   Lease comments: Clean and approved food grade building located in Holland, Michigan. This fully secure facility offers over 32,000 SF of clear span refrigerator space that is capable of warehousing food grade MFG. It is engineered to operate at 34-36 degrees Fahrenheit and is less than one mile from the I-196 and US-31 interchange. Space includes 5,250 SF of office and 42,999 SF of warehouse area by the secured proposed expansion of 74,000 SF shipping/dock area; expansion offers potential to convert into dry/refrigerated/freezer space. Building sits on a fenced lot and includes ample on-site employee parking. Also available for sale.    

Michigan

Office Space Market Report

Number of Listings (last 90 days)
2,702
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,460
As of: May 21, 2017

Michigan Rates

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

Michigan Listing Supply

In the last 90 days, 2702 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Michigan are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,460 sqft. Most properties in this region are close to 1 stories. Most buildings in this region were built in 1968 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.
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