Listing Agency: Wellson Group, Inc. Show Phone

Listed By: Stephen Welliver Show Phone

Source: Moodyscre

Added: Jun 4, 2024 Changed: Jul 6 Last Checked: Jul 21 at 3:13AM

Report an Issue

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 Wellson Group, Inc.

Investment Insights

Based on property information with market context.

This commercial property offers a private office space featuring a reception area. It is situated in a downtown location in Grand Rapids, Minnesota, conveniently close to surrounding banks and government agencies. The property encompasses a total area of 600 square feet.

Key Highlights

• Great downtown location
• Close proximity to banks
• Close proximity to government agencies

Property Analytics

Property Profile

Current Use

North Compass Financial ... Financial Advisor Janet Christensen Electrolysis Hair Salon Grand Rapids Herald-Review Publishing House

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Bakery Garden Center

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

$2.03 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

758

Businesses Nearby

Explore this area Business Placement

Market

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

Questions? Ask Rey

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

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

Ask Rey about this property ...

Similar For Rent Nearby

Retail Space in Grand Rapids

1200 S Pokegama Ave, Grand Rapids, MN

Contact for pricing

3,600 sqft

View details

Inline Retail Leasing Opportunity

1200 S Pokegama Ave, Grand Rapids, MN 55744

Contact for pricing

2,810 sqft

View details

Inline Retail Space

1200 S Pokegama Ave, Grand Rapids, MN 55744

Contact for pricing

1,682 sqft

View details

Frequently Asked Questions

What type of property is this?

Office units - Private office with reception area in downtown Grand Rapids.

Where is this office units located?

The property is located at 21 NE 5 St Grand Rapids, MN.

What is the lease rate?

The lease rate is $13.50 SF/Yr.

What are key features of this property?

This property features: Great downtown location; Close proximity to banks; Close proximity to government agencies