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Available Space $8.95/Mo

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Available Space $9.50/Mo

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Available Space $9.95/Mo

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Listing Agency: Advantage Commercial Real Estate s***@advantagecre.com Show Phone

Listed By: Steven Marcusse Show Phone

Source: Carwm.resimplifi

Added: Mar 20, 2025 Changed: Aug 29 Last Checked: Aug 29 at 1:08PM

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Investment Insights

Based on property information with market context.

The property is an industrial asset containing 40,255 square feet of property area. It is classified under I1 zoning and is located at 5500 Broadmoor Ave SE in Kentwood, Michigan 49512.

Key Highlights

• 40,255 square feet of property area
• I1 zoning
• Located at 5500 Broadmoor Ave SE, Kentwood, MI 49512

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Electrical Service Garden Center Bakery Computer & Electronic Repair Home Appliance Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.34 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

102

Businesses Nearby

Explore this area Business Placement

Demographics for 49512, MI

18,558

Population

8,870

Households

2.1

Avg Household Size

33

Median Age

38%

College-Educated

91%

High-School Grad

23.0 sq mi

ZIP Area

807

Density / Sq Mi

$70,955

Median Household Income

$41,538

Median Earnings

$1,229

Median Rent

$279,900

Median Home Value

Market

Lease Benchmarks for Kentwood, MI

$9.79 /SF/Yr

Avg Asking Price

$7.75–$11.95 /SF/Yr

Price Range

33,207 SF

Avg Space Size

This space is priced 9% below the average of $9.79 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - I1-zoned industrial property at 5500 Broadmoor Ave SE in Kentwood.

Where is this industrial property located?

The property is located at 5500 Broadmoor Ave SE Kentwood, MI.

What is the lease rate?

The lease rate is $8.95 SF/Yr.

What are key features of this property?

This property features: 40,255 square feet of property area; I1 zoning; Located at 5500 Broadmoor Ave SE, Kentwood, MI 49512