3070 Shaffer Ave SE

Industrial for Lease
Catylist Listing ID: 30330881
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Contiguous Space: 120,600 SF
Building Size (RSF): 120,600 SF
Gross Land Area: 7.95 Acres
Lease Rate: $4.95 PSF (Annual)
Base Monthly Rent: $49,747
Lease Types: NNN
Ceiling: 28 - 32 ft.
Docks/Doors: 13 Docks, 3 Doors
Office SF: 1,000 SF
Last Updated: 10/8/2018

Overview / Comments

The property located at 3070 Shaffer Ave SE is in the process of undergoing a complete transformation which will result in a building which is essentially brand new in most every facet of its construction. This will include new heating, new lights, completely repainted interior and exterior, as well as a resurfaced parking lot. New loading dock doors and entry doors as well as some interior restroom facilities will all be brand new. Essentially this will be a state of the art distribution facility offering higher than typical market ceiling heights, significant trailer storage capabilities, as well as an opportunity for a rail spur. The only alternative in today’s market for a facility of this type and condition would be a brand new ground up construction project costing millions of dollars more.
The facility can either be leased on a long term basis or can be purchased for an owner / user requirement.
The property is located in the city of Kentwood which is viewed as a business friendly community and has extensive industrial infrastructure located within its city boundaries. The facility is constructed of high quality tilt-up concrete and as previously mentioned is 32' at the eve.

Expand All Available Space

Suite: Enitre Building 120,600 SF $4.95 PSF (Annual) NNN
Level/Floor: 1st Floor
Space Available: 120,600 SF
Lease Rate: $4.95 PSF (Annual)
$49,747 (Monthly)
Lease Type: NNN
Date Available: 9/11/2018
Lease Term: 120 Months
Space Type: Relet
Kitchen Yes
Ceiling 32 ft. / 28 ft. Clear
Loading Docks 13
Loading Doors 3
Office Space 1,000 SF

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Airport District
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-14-101-071
Zoning: C-2
Property Located Between: 29th Street SE and 32nd Street SE
Highway Access: 0.46 Miles to M-37 and 3.11 Miles to I-96
Airports: Gerald R. Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1972
Year Renovated: 2018
Construction/Siding: Concrete - Tilt up, Steel Frame
Parking Type: Surface
Parking Description: On site
Column Spacing: Various
Overhead Cranes: Undisclosed
Volts: 480
X-Phase: 3 Phase
Lighting: High Pressure Sodium, Metal Halide
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,238 88,724 229,820
Median Age: 33.94 35.33 33.73
Households: 2,815 35,104 86,944

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