Grand Rapids, MI Industrial Properties for Lease
- Comstock Park, MI
- Ada, MI
- Belmont, MI
- Rockford, MI
- Wyoming, MI
- Kentwood, MI
- Grandville, MI
- Sparta, MI
Grand Rapids, MI Industrial properties Lease Rates & Market Statistics
Browse 46 Industrial properties for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 2,023,433 square feet of properties — an average of ~44,000 SF per listing.
Industrial properties lease rates in Grand Rapids range from $3.81 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $9.28 SF/Yr. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $9.28 SF/Yr, the local average runs 15% below Michigan's state average of $10.90 SF/Yr.
Grand Rapids accounts for 59% of the 78 industrial properties currently available across Kent County, where nearby markets include Kentwood and Wyoming. By space type, the market includes 39 flex space listings, 9 manufacturing properties and 4 distribution centers — distribution centers typically offer the lowest entry point, while flex space commands the highest rates.
