Class A High Tech Office Building with I-96 signage!

Office for Sale
Catylist Listing ID: 30368971
Property Subtypes: Office Building
Building Size (RSF): 17,717 SF
Gross Land Area: 5.09 Acres
Sale Price: $1,995,000
Unit Price: $112.60 PSF
Ceiling: 14 ft.
Property Use Type: Investment
Building Name: ITS
Class of Space: Class A
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/22/2019

Overview / Comments

This modern 2 story office building with elevator is situated in a park like setting with pristine water views and wildlife.
Excellent owner occupied or investment opportunity. Beautiful finishes with 14' ceilings built out with private offices and plenty of open concept spaces.
This technology forward property includes an IT room with a redundant power source generator, fire suppression system and the latest in Fiber. Perfect for technology and IT groups. Approximately 12,500 SF will be available for owner use or for lease.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $36,695 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Ada/Cascade
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-01-151-004
Zoning: C-4
Property Located Between: Lake Drive and Burton
Property Visibility: Excellent
Highway Access: I-96
Airports: Gerald R. Ford International Airport
Area Description: DIRECTIONS: Between Lake Dr and Burton on SE corner of E Paris and Park East Ct.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2001
Parking Type: Surface
Passenger Elevators: 1
Legal Description: PART OF NW 1/4 COM AT W 1/4 COR TH N 2D 48M 12S W ALONG W SEC LINE 1264.54 FT TH 90D 00M 00S E 40.05 FT TH S 50D 33M 43S E 727.57 FT TO BEG OF THIS DESC - TH S 26D 56M 31S W 239.44 FT TH S 54D 29M 33S W 100.0 FT TO ELY LINE OF PARK EAST CT TH SELY ALONG ELY LINE OF SD CT 93.59 FT ON A 280 FT RAD CURVE TO RT /LONG CHORD BEARS S 25D 55M 55S E 93.16 FT/ TH SELY 64.35 FT ALONG A 60.0 FT RAD CURVE TO LT /LONG CHORD BEARS S 53D 13M 37S E 60.0 FT/ TH SELY 109.75 FT ALONG A 75 FT RAD CURVE TO RT /LONG CHORD BEARS S 48D 10M 34S E 100.21 FT/ TH N 83D 44M 37S E 30.0 FT TH N 63D 45M 32S E 467.29 FT TO A PT 550 FT N ALONG E LINE OF W 30 A. OF SW 1/4 NW 1/4 FROM E&W 1/4 LINE TH N 2D 46M 25S W ALONG SD E LINE 270.58 FT TO WLY LINE OF HWY I- 96 TH NLY ALONG WLY LINE OF SD HWY 136.99 FT ON A 4733.66 FT RAD CURVE TO RT /LONG CHORD BEARS N 9D 35M 16S E 136.99 FT/ TO A LINE BEARING N 67D 52M 43S E FROM BEG TH S 67D 52M 43S W 417.35 FT TO BEG * SEC 1 T6N R11W 5.09 A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,076 62,487 202,528
Median Age: 28.4 39.19 35.23
Households: 2,410 24,547 78,598

Contact

Photograph of Listing Agent

Benjamin Pitcher

DAR Development Inc. CARWM Member
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