Covenant Industrial Park, Build-To-Suit

Industrial for Lease
Catylist Listing ID: 30745364
Property Subtypes: Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution
Building Status: Proposed
Contiguous Space: 60,000 - 1,000,000 SF
Building Size (RSF): 1,000,000 SF
Gross Land Area: 237 SF
Lease Rate: $6.50 PSF (Annual)
Base Monthly Rent: $541,666
Lease Types: NNN
Ceiling: 28 ft.
Docks/Doors: 80 Docks, 10 Doors
Building Name: Covenant Industrial Park
Usable Size (USF): 1,000,000 SF
Last Updated: 10/20/2021

Overview / Comments

237 acres and a rare opportunity to be a part of the new proposed Covenant Industrial Park Development, of Lowell Township! This Industrial Park is located at the I-96 & Alden Nash interchange with frontage on I-96, Alden Nash Avenue SE and Cascade Road SE. The parcel is zoned PUD and will have all utilities to site. Developer will Build-To-Suit for Industrial and Commercial users, with 30 acres along Alden Nash for Retail and Commercial use.

Expand All Available Space

Suite: 1 1,000,000 SF $6.50 PSF (Annual) NNN
Space Available: 1,000,000 SF
Minimum Divisible: 60,000 SF
Lease Rate: $6.50 PSF (Annual)
$541,666 (Monthly)
Lease Type: NNN
Space Description: 237 acres and a rare opportunity to be a part of the new proposed Covenant Industrial Park Development, of Lowell Township! This Industrial Park is located at the I-96 & Alden Nash interchange with frontage on I-96, Alden Nash Avenue SE and Cascade Road SE. The parcel is zoned PUD and will have all utilities to site. Developer will Build-To-Suit for Industrial and Commercial users, with 30 acres along Alden Nash for Retail and Commercial use. The site can accommodate a one million square foot distribution center.
Space Subcategory: Industrial-Business Park, Warehouse/Distribution
Date Available: 12/31/2021
Lease Term: 120 Months
Space Type: New
Rent Escalators Other
Rent Escalators Description Annual
Ceiling 28 ft.
Loading Docks 80
Loading Doors 10

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Tax ID/APN: 41-20-28-200-029
Zoning: I-PUD
Property Located Between: I-96 and Alden Nash Interchange
Highway Access: I-96
Airports: Gerald Ford International Airport (GRR)
Site Description: 237 acres of vacant land ready for Development. Zoned PUD for Industrial and Commercial use, with 30 acres along Alden Nash designated for Retail development. Contact listing Agent for more information.
Area Description: Vacant farm land. Flat, ready for development.
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 2022
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: Wet
Zoning Description: I-PUD
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,186 12,957
Median Age: 40.88 40.85
Households: 1,467 4,609
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