3310 EAGLE PARK DR NE

Office for Sale
Catylist Listing ID: 28685372
Property Subtypes: Business Park, Office Building
Building Size (RSF): 35,000 SF
Gross Land Area: 5.83 Acres
Sale Price: $4,510,893
Unit Price: $128.88 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/23/2020

Overview / Comments

Excellent investment opportunity in Eaglecrest Office Park with fully leased building. Building renovations currently underway. Fantastic location near I-96 and East Beltline Ave. Large lot in corner location. Located outside the city in Grand Rapids Township.

TERMS: Cash

Financials

Finance Data Year 2007
Real Estate Taxes - Annual($) $799,400 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: East Beltline Central
Taxing Authority: Grand Rapids Township
Tax ID/APN: 41-14-14-323-001 & -002
Zoning: PUD
Property Visibility: Excellent
Highway Access: Excellent to I-196 and I-96
Site Description: UNIT 1 & 2, EAGLECREST OFFICE BLDG `D`, KENT COUNTY CONDO SUBDIVISION PLAN #181, LIBER 2702, PAGE 501
Area Description: DIRECTIONS: Northeast corner of Leonard and E Beltline.
Number of Stories: 2
Typical SF / Floor: 17,500 SF
Year Built: 1995
Year Renovated: 2017
Construction/Siding: Brick
Exterior Description: Brick with Cedar Soffit
Parking Ratio: 5.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Shared parking with 2 other buildings
Total Parking Spaces: 438
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,511 68,262 217,632
Median Age: 33.64 36.55 34.11
Households: 1,403 25,820 82,455

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