Sixth-Floor Office
For Lease
$28 SF/Yr
171 Monroe Avenue Northwest, Grand Rapids, MI 49503
The sixth floor can be divided into separate office spaces for larger commercial users.
Space Size10,000 SF
Days on Market129
Property Features for 171 Monroe Avenue Northwest
General Information
Standard status
Active
Size
10,000 SF
Net Rentable
10,000 SF
Property subtype
Office
Lease Type
Modified Gross
Space & Availability
Available Space
10,000 SF
Divisible
Yes
Floor
6
Lease Terms
Lease Rate
$28 /USD/SF/YR
Monthly Rent
$23,333
Rent per SF/Year
$28
Listed By:
Nate Scherpenisse
(616) 581-2434
Source:
Cbre
Added: Jun 2
Changed: Sep 28
Last Checked: Oct 7 at 9:12AM
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 Nate Scherpenisse
Investment Insights
Based on property information with market context.
Office space is available on the sixth floor of 171 Monroe Avenue Northwest in Grand Rapids, Michigan. The floor can be configured into demised areas beginning at 10,000 SF, providing a substantial option for office users seeking dedicated space. The property size is 15,284 SF.
Key Highlights
- Sixth‑floor office space available for demising
- Demised areas available from 10,000 SF +
- Property size: 15,284 SF
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,003
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Grand Rapids, MI
$17.59 /SF/Yr
Avg Asking Price
$1.46–$50 /SF/Yr
Price Range
30,790 SF
Avg Space Size
This space is priced 59% above the average of $17.59 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - The sixth floor can be divided into separate office spaces for larger commercial users.
Where is this office units located?
The property is located at 171 Monroe Avenue Northwest Grand Rapids, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Sixth‑floor office space available for demising; Demised areas available from 10,000 SF +; Property size: 15,284 SF
