Truck Service Facility w/ Large Fenced Yard.

Industrial for Lease
Catylist Listing ID: 30770638
Property Subtypes: Light Industrial, Warehouse/Distribution
Contiguous Space: 4,200 SF
Building Size (RSF): 4,200 SF
Gross Building Area: 12,792 SF
Gross Land Area: 1.54 Acres
Lease Rate: $3,150 - 4,650 (Monthly)
$9 - 13.29 PSF (Annual)
Lease Types: Modified Gross
Ceiling: 16 - 18 ft.
Office SF: 200 SF
Drive In Bays: 4 Bays
In Opportunity Zone? Yes
Building Name: Truck Service Facility
Usable Size (USF): 4,200 SF
Core Factor: 1%
Last Updated: 11/15/2021

Overview / Comments

US 131 & Hall interchange former Truck Service facility with new 12' x 12' drive through doors and optional larger storage yard. Property is fully fenced with two ingress/egress gates, one with a remote opener. New ceiling mounted gas fired heaters. Updated LED light fixtures. Ample power throughout.

Expand All Available Space

Suite: B 4,200 SF $3,150 - 4,650 (Monthly) Modified Gross
Level/Floor: main
Space Available: 4,200 SF
Lease Rate: $3,150 - 4,650 (Monthly)
$9 - 13.29 PSF (Annual)
Lease Type: Modified Gross
Space Description: US 131 & Hall interchange former Truck Service facility with new 12' x 12' drive through doors and optional larger storage yard. Property is fully fenced with two ingress/egress gates, one with a remote opener. New ceiling mounted gas fired heaters. Updated LED light fixtures. Ample power throughout.
Space Subcategory: Warehouse/Distribution, Manufacturing
Date Available: 10/28/2021
Lease Term: 120 Months
Space Type: Relet
Conference Rooms: 1
Offices 1
Parking Spaces 50
Tax Expenses $1.10 PSF (Annual)
Operating Expenses $0.50 PSF (Annual)
CAM Expenses $0.50 PSF (Annual)
Rent Escalators Index Lease
Rent Escalators Description 3% to 4% annual
Rent Concession none.
Tenant Improvements Allowance $0
Moving Allowance $0
Lease Buyout Allowance $0
Ceiling 18 ft. / 16 ft. Clear
Drive In Bays 4
Office Space 200 SF

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-17-01-226-008
Zoning: SD-IT
Property Located Between: US 131 & Division
Highway Access: Immediate access to Hall Street interchange. Site allows for good circulation and options to use the signal at Buchanan & Hall.
Airports: GRR
Site Description: Large fenced yard, asphalt, gates to Hall and also Randolph streets.
Area Description: Improving industrial corridor with Custer Office and growing presence of Founder's Brewing.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1960
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Newly painted exterior and insulated drive-in doors.
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Some parking along Randolph entry, balance of parking is within the fence yard.
Total Parking Spaces: 50
Column Spacing: 25'
Overhead Cranes: 1
Sprinklers: None
Amps: 400
X-Phase: 3-phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Window Unit
Lighting: LED
Internet Access: Cable
Interior Description: former Snow Plow use. Great for contractors, vehicles mainteance (subject to zoning), light manufacturing.
Zoning Description: SD-IT Industrial
Lot Frontage: 320
Lot Depth: 220
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Easement to Billboard situated on the NWC of site.
Legal Description: LOTS 3 THRU 8 INCL ALSO PART OF LOTS 17 THRU 22 INCL COM AT NE COR OF LOT 22 TH W 77.35 FT ALONG N LINE OF LOT 22 TO ELY LINE OF C&O RR R/W /50 FT WIDE/ TH S ALONG SD ELY RR R/W LINE 316 FT M/L TO S LINE OF SD LOT 17 TH E ALONG SD S LOT LINE TO SE COR OF SD LOT 17 TH N ALONG E LINES OF SD LOTS 17 THRU 22 INCL 316 FT M/L TO BEG * SAMUEL A BROWNE'S ADDITION

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,217 160,527 306,533
Median Age: 25.22 30.87 33.46
Households: 6,399 59,781 118,097

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