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Freestanding Flex Space with Absolute NNN

1811 4 Mile Rd NE Grand Rapids, MI 49525

1811 4 Mile Rd NE, Grand Rapids, MI, 49525
Contact for pricing
For Sale
Contact for pricing
Pending

Free-standing flex space leased on an absolute NNN basis to Progressive AE since its 1992 construction.

Property Size48,324 SF
Lot Size10.20 Acres
Days on Market102

Property Features for 1811 4 Mile Rd NE

General Information

Standard status
Pending
Size
48,324 SF
Lot size
10.20 Acres
Property subtype
Office
Listing agency Fortis Net Lease
Listed by Chris Elliott · License #mi 6501416065
Source Crexi
Added: Apr 12 Updated: Jul 22 at 8:22AM Checked: Jul 22 at 8:22AM

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 Fortis Net Lease


Investment Insights

Based on property information with market context.

Fortis Net Lease presents a free-standing Progressive AE flex space at 1811 4 Mile Rd NE in Grand Rapids, MI. The property is Progressive AE’s headquarters, occupied by the company since construction in 1992, with nearly 30 years of occupancy.

Progressive AE signed a brand new 20-year absolute NNN lease in October 2019. The lease includes 2% annual increases and features four, five-year option periods to renew.

The building is approximately 48,324 SF and sits on a 10.2-acre lot. Progressive AE, Inc. provides architectural and engineering services, including interior design, planning, consulting, civil engineering, and landscape architecture.

Key Highlights

  • Free‑standing Progressive AE flex space in Grand Rapids, MI
  • Approximately 48,324 SF building on a 10.2‑acre lot
  • Brand new 20‑year absolute NNN lease signed in October 2019

Property Analytics

Location Intelligence

Current Use by Public Records

Progressive Companies Landscape Architect Mainstreet Planning Co Social Service Agency Progressive Mb Construction Company

Suggested Use

Real Estate Agency Dental Office Law Firm Building Supply Restaurant Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Carole's Catering Co. — 3446 Plainfield Ave NE, Grand Rapids, MI 49525

FAQs

What type of property is this?
Flex space - Free-standing flex space leased on an absolute NNN basis to Progressive AE since its 1992 construction.
Where is this flex space located?
The property is located at 1811 4 Mile Rd NE Grand Rapids, MI.
What are key features of this property?
This property features: Free‑standing Progressive AE flex space in Grand Rapids, MI; Approximately 48,324 SF building on a 10.2‑acre lot; Brand new 20‑year absolute NNN lease signed in October 2019
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