3500 Patterson Ave SE

Industrial for Lease
Catylist Listing ID: 30729057
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Contiguous Space: 44,625 SF
Building Size (RSF): 203,000 SF
Gross Land Area: 7.86 SF
Lease Rate: $8.75 PSF (Annual)
Base Monthly Rent: $32,539
Lease Types: NNN
Ceiling: 21 - 24 ft.
Docks/Doors: 2 Docks, 3 Doors
Office SF: 29,753 SF
Usable Size (USF): 203,000 SF
Last Updated: 6/10/2021

Overview / Comments

The property located at 3500 Patterson Ave SE is presently occupied by Comcast. The space is a mix of high quality office space, counter pick-up capabilities, and warehouse space. The offices are extensive and features a nice compliment of open office areas, conferencing centers, lunch room, workout area, and showroom possibilities. This is a one of a kind facility and a one of a kind location offering a wide variety of users unparalleled visibility and access.
The facility is located on the way to the Gerald R Ford International Airport and as such is in the path of a significant traffic pattern. The offices feature both high bay and typical office ceiling heights with solid surface and carpeted areas throughout. A significant portion of this was remodeled over the last three or four years.
If location and visibility is what your business needs this location is second to none.

1. Landlord to approve Tenant, Tenant's use and credit.
2. Comm SA/BA: 3% yrs 1-5; 1.5% yrs 6-10 of base term, none thereafter, TC: 0%. No comm paid on extensions, options, renewals or expansions. Comm paid upon Tenant receiving certificate of occupancy and receipt of security deposit and first month's rent and delivering Tenant Estoppel letter.
3. 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.
4. 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: D 44,625 SF $8.75 PSF (Annual) NNN
Level/Floor: 1
Space Available: 44,625 SF
Lease Rate: $8.75 PSF (Annual)
$32,539 (Monthly)
Lease Type: NNN
Date Available: 1/1/2022
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
CAM Expenses $2.23 PSF (Annual)
Ceiling 24 ft. / 21 ft. Clear
Loading Docks 2
Loading Doors 3
Office Space 29,753 SF

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Airport District
Taxing Authority: Cascade Township
Tax ID/APN: 41-19-18-300-033
Zoning: TI - TRANSITIONAL INDUSTRIAL
Property Located Between: 3rd Street SE & 36th Street SE and Patterson Ave SE and Kraft Ave SE
Highway Access: 1.74 Miles to I-96 and 3.51 Miles to M-6
Airports: Gerald R Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1996
Year Renovated: 2018
Construction/Siding: Steel Frame
Parking Type: Structure
Parking Description: On Site
Column Spacing: 25' x 50'
Overhead Cranes: Undisclosed
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: LED, Fluorescent
Lot Frontage: 389.68
Lot Depth: 928.65
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,376 47,256 153,998
Median Age: 38.99 36.41 36.37
Households: 1,395 19,113 58,941

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