5560 Corporate Exchange Ct. SE

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30526198
Property Subtypes: Business Park, High-Tech, Flex Space, Office Building, Research & Development, Other, General
Building Size (RSF): 19,968 SF
Gross Building Area: See Agent
Gross Land Area: 2.16 Acres
Sale Price: $1,450,000
Unit Price: $72.62 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2021

Overview / Comments

Unique laboratory space with many possibilities for use. Great location close to Grand Rapids airport and easy access to M-6. The space has 6 laboratories that feature fume hoods, built-in work space and specialty gas lines. Other property features include a walk in cooler, large break room with kitchenette, conference room, one overhead door and a reverse osmosis water system. The property has a large parking lot in good condition and has easy access to walking trails.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Airport District
Tax ID/APN: 41-19-31-100-023
Zoning: PUD
Property Located Between: M37 and 52nd St.
Highway Access: M-6
Airports: Gerald R. Ford International Airport
Area Description: Located off Patterson in between M37/Broadmoor and 52nd St.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 19,968 SF
Year Built: 1999
Roof Type: Flat
Construction/Siding: Panelized
Exterior Description: Good cosmetic and structural condition.
Parking Type: Surface
Parking Description: Large parking lot in good shape.
Total Parking Spaces: 67
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: Open office area, with labs along back of building. Please see attached floorplan.
Zoning Description: PUD
Part of Planned Development?: Yes
Lot Frontage: 162
Lot Depth: 296
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,335 117,420
Median Age: 35.06 36.8
Households: 10,810 45,314
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