Fully Leased Multi Office Suite

Office for Sale
Sale Pending
Catylist Listing ID: 30733448
Property Subtypes: Executive Suites, Net Leased, Office Building
Status: Pending
Building Size (RSF): 7,280 SF
Gross Building Area: See Agent
Gross Land Area: 0.94 SF
Sale Price: $649,000
Unit Price: $89.15 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

Fully leased office building that has a 2-year-old roof as well as updated mechanicals. Each of the 3 suites has separate gas and electric. 3030 was recently split from the identical building at 3040 Ivanrest and there is a common driveway and outdoor lighting agreement in place.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street West
Tax ID/APN: 41-17-16-155-002
Zoning: C-1
Property Visibility: Good
Highway Access: 2 miles to I-96
Airports: Kent County International
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,280 SF
Year Built: 1998
Roof Type: Gable
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Lot Frontage: 83
Lot Depth: 375
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 42 * GRAND RAPIDS GRAVEL CO INDUSTRIAL PARK NO.2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,699 78,820 225,383
Median Age: 35.66 34.55 33.13
Households: 4,553 30,373 85,426

Contact

Photograph of Listing Agent

Jeff Kremers

West Michigan Realty Pros
CARWM Member
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