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2849 Michigan St NE

Grand Rapids, MI
Floors
1
Total Size
8,340 sqft
Zoning
OFFICE
Year Constructed
1989
Year Renovated
1996
Building Class
Class C

About 2849 Michigan St NE

This is a fully leased, 100% occupancy with 2 tenants with seven year lease terms, medical office building located on Michigan Street just 3.5 miles from Spectrum HealthButterworth Campus (downtown) and less than 1 mile west of East Beltline (M37). Building is in a nice office setting with 3 neighboring office buildings. The building has an outdoor deck overlooking a green space and has ample parking. - Parking description: On- site - Area description: DIRECTIONS: 2ND PROPERTY FROM INTERSECTION OF MICHIGAN ST AND LEFFINGWELL NE. - Number of buildings: 1 - Class of space: Class C - Tenancy: Multiple Tenants

Internet Providers for 2849 Michigan St NE

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
JAS Networks DSL
25 Mb/s
6 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
ACD.net DSL
25 Mb/s
3 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The Market: Grand Rapids

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.

Median Rate Median Size
$24
/sqft/yr
1,900
sqft

Median Rate over Time in Grand Rapids