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Loft-Style Office Units
For Lease
$18.95 SF/Yr Modified Gross

38 FULTON ST W, Grand Rapids, MI 49503

Flexible suites combine private rooms, open work areas, daylight, and shared collaborative amenities.

Space SizeContact for details
Days on Market941

Property Features for 38 FULTON ST W

General Information

Standard status Active
Property subtype Office
Lease Type Modified Gross

Additional Details

Space Use Office
Utilities to Site Yes

Amenities

shared kitchen
open collaborative space
on-site parking
Water
Sewer

Spaces For Lease

at 38 FULTON ST W Contact us

Available Space $24/Mo

Contact us

Available Space $18.95/Mo

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Listing Agency: NAI Wisinski of West Michigan
Listed By: Mary Anne Wisinski-Rosely
Source: Carwm.resimplifi
Added: Feb 1, 2024 Changed: Aug 29 Last Checked: Aug 29 at 10:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

Office units are offered across the third and fourth floors of a 37,556-square-foot downtown property. Fourth-floor suites pair open work areas with private offices, while the third-floor layout consists of private rooms supported by a shared kitchen and collaborative space. High ceilings and abundant daylight contribute to the loft-style environment.

The property is located at 38 Fulton St W in Grand Rapids, Michigan, with on-site parking available. For fourth-floor suites, the tenant is responsible for electric, janitorial service, and phone service.

Key Highlights

  • 37,556‑square‑foot downtown office property
  • Fourth‑floor suites combine open areas with private offices
  • Third‑floor private rooms include shared kitchen access

Property Analytics

Current Use

Passion Entrepreneurs Consultant Encoursa, LLC (Bike/Boat/Book/etc) Store CSM Group Grand ... Business To Business Service Unforget Yourself Wellness Program Web Design Grand ... Marketing & Advertising

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Locksmith Florist

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.84 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,721
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$17.71 /SF/Yr
Avg Asking Price
$4–$36 /SF/Yr
Price Range
14,665 SF
Avg Space Size

This space is priced 7% above the average of $17.71 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible suites combine private rooms, open work areas, daylight, and shared collaborative amenities.
Where is this office units located?
The property is located at 38 FULTON ST W Grand Rapids, MI.
What is the lease rate?
The lease rate is $18.95 SF/Yr.
What are key features of this property?
This property features: 37,556‑square‑foot downtown office property; Fourth‑floor suites combine open areas with private offices; Third‑floor private rooms include shared kitchen access
More about this property
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