7377 Expressway Dr SW

Industrial for Lease
Catylist Listing ID: 30642859
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution, General
Contiguous Space: 58,886 SF
Building Size (RSF): 206,250 SF
Gross Land Area: 17.40 Acres
Lease Rate: $3.65 PSF (Annual)
Base Monthly Rent: $17,911
Lease Types: NNN
Ceiling: 24 ft.
Docks/Doors: 5 Docks, 1 Door
Office SF: 2,355 SF
Last Updated: 9/25/2020

Overview / Comments

This Southwest side industrial building features nicely appointed offices, ample loading docks as well as ample storage for both car parking and semi-trailers. The facility is professionally managed and offers excellent access to both US-131 and the M-6 corridor.

High speed internet lines are located in Expressway Dr and can be accessed and utilized at this facility. This offers opportunities that many other buildings of this sort do not offer.

SPECIAL NOTES: Sub to LL`s approval of Tenant, Tenant`s credit & use. Comm SA/BA/TC 3% yrs 1-5; 1.5% yrs 6-10 of base term, none thereafter, TC 0%. No comm pd on extensions, options, renewals or expansions. Comm pd upon Tenant receiving certificate of occupancy & receipt of security deposit & 1st mo rent & delivering Tenant Estoppel letter.

This space may or may not be subject to an existing Right of First Refusal. Please contact listing agent for details. If an offer triggers the Right of First Refusal a commission will not be paid to the Broker procuring the offer triggering the Right of First Refusal.

No commissions will be paid for owner’s existing tenants being relocated or expanding from owner’s other West Michigan buildings except as otherwise agreed to between the parties.

Expand All Available Space

Suite: C 58,886 SF $3.65 PSF (Annual) NNN
Level/Floor: 1
Space Available: 58,886 SF
Lease Rate: $3.65 PSF (Annual)
$17,911 (Monthly)
Lease Type: NNN
Space Description: Landlord to approve Tenant, Tenant's use and credit.
Date Available: 11/1/2020
Lease Term: 60 Months
Space Type: Relet
CAM Expenses $1.20 PSF (Annual)
Ceiling 24 ft.
Loading Docks 5
Loading Doors 1
Office Space 2,355 SF

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: Byron Township
Tax ID/APN: 41-21-12-400-077
Zoning: D-1 INDUSTRIAL
Market Type: Medium
Property Located Between: US 131 and Division Ave S
Side of Street: North
Road Type: Paved
Transportation: Highway
Highway Access: 0.54 Miles to US-131
Airports: Gerald R Ford International Airport
Site Description: LL in LO
Area Description: DIRECTIONS: US 131 TO 76TH ST, E ONE BLOCK TO EXPRESSWAY CT.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1994
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Overhead Cranes: Undisclosed
Volts: 480
X-Phase: 3
Lighting: Metal Halide
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,492 53,230 134,513
Median Age: 39.75 36.26 36
Households: 3,462 20,046 51,185

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