Grand Rapids, MI Flex Space for Lease
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Grand Rapids, MI Flex space Lease Rates & Market Statistics
Browse 43 Flex space listings for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 1,286,720 square feet of properties — an average of ~29,900 SF per listing.
Flex space lease rates in Grand Rapids range from $1.31 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $9.68 SF/Yr. That's a 15x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $9.68 SF/Yr, the local average runs 14% below Michigan's state average of $11.24 SF/Yr.
Grand Rapids accounts for 65% of the 66 flex space listings currently available across Kent County, where nearby markets include Kentwood and Byron Center. Flex space listings make up 84% of the 51 Industrial properties currently for lease in Grand Rapids, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Manufacturing properties (10 listings) and Distribution centers (4 listings) elsewhere in the Grand Rapids market.