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Excellent opportunity to lease high-quality warehouse/manufacturing space on Grand Rapids growing northwest side. These sites provide excellent access to I-96, have good clear heights and offer high-quality office elevations for good corporate image. Professional management and maintenance.
SPECIAL NOTES: Subj to LL's approval of Tenant's use & credit. SA,BA or TC 3% yrs 1-5; 1.5% yrs 6-10 base term, none thereafter. No comm pd on extensions, options, renewals or expansions. Comm pd upon Tenant receiving certificate of occupancy & receipt of security deposit & 1st month's rent & delivering Tenant
This space may or may not be subject to an existing Right of First Refusal. Please contact listing agent for details. If an offer triggers the Right of First Refusal a commission will not be paid to the Broker procuring the offer triggering the Right of First Refusal.
LANDLORD PROVIDES: Other
TENANT PROVIDES: A/C, Electric, Gas/Heat, Insurance, Phone, Janitorial, Refuse Removal, Sewer, Snow Removal, Taxes, Water - Area description: DIRECTIONS: I-96 TO WALKER EXIT, N TO STREET. - Tenancy: Multiple Tenants
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The typical asking rate per listing is in the $10's per square foot per year. The Walker region is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
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