Northeast Grand Rapids Retail

Northeast Grand Rapids

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
180
As of: January 21, 2017

Northeast Grand Rapids Rates

Most listings are in the $30's per square foot per year. The Northeast Grand Rapids region is experiencing a a rise in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Compared to the rest of the Grand Rapids market, the Northeast Grand Rapids submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Northeast Grand Rapids Listing Supply

In the last 90 days, 8 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 180 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 0 and are Class A.

Northeast Grand Rapids Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeast Grand Rapids folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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