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FOR LEASE 137,840- 331,604 SF - Fantastic manufacturing and distribution facility in Grand Rapids. Campus can accommodate 1.8 million square foot user under one roof. Main floor offers 599,791 square feet with an additional 330,222 square feet available on a fully functional second floor. Heavy electrical power available, 26 loading docks, and 8 overhead doors. Great location just minutes from US-131. 96,882-331,604 SF For Lease
Features - Loading Docks - 42 (varies by space) - Loading Doors - 2 (varies by space) - Ceiling Ht - 22' - 96,882-331,604 SF For Lease
Fantastic distribution facility in Grand Rapids. Campus can accommodate 2.1 million SF user under one roof. Zoned industrial.
SPECIAL NOTES: 3% yr 1-5; 1.5% yr 6-10; none thereafter. Subject to Lessor's approval of Lessee's use & financial condition. Commission shall be paid 50% at lease execution & 50% at lease commencement/occupancy
LANDLORD PROVIDES: None
TENANT PROVIDES: A/C, Electric, Gas/Heat, Insurance, Phone, Janitorial, Refuse Removal, Sewer, Snow Removal, Taxes, Water - Area description: DIRECTIONS: US 131 to 44th Street, east to property. On 36th Street between Eastern and Kalamazoo. - Tenancy: Multiple Tenants
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On average, listings lease in the $20's per square foot per year. The Grand Rapids submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 28% rise in rent.
Compared to the rest of the Grand Rapids market, the Grand Rapids submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
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