Industrial Space Near
For Lease
Contact for pricing
345 32nd St SW, Grand Rapids, MI 49548
40,177 SF industrial space for lease, immediate availability.
Space Size40,177 SF
Property Size100,944 SF
Lot Size0.75 Acres
Days on Market1546
Property Features for 345 32nd St SW
General Information
Standard status
Active
Size
40,177 SF
Lot size
0.75 Acres
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
100,944 SF
Year Built
1952
Tenancy
Multiple
Spaces For Lease
at 345 32nd St SW Contact us- Size
- 40,177 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite A + Outside Storage
- Size
- 40,177 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Suite A
Listing Agency:
Advantage Commercial Real Estate
(616) 327-2616
Listed By:
Tim Van Noord · License #MI 6501244633
Source:
Crexi
Added: May 18, 2022
Changed: Aug 8
Last Checked: Aug 9 at 2:38PM
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 Advantage Commercial Real Estate
Investment Insights
Based on property information with market context.
This centrally located 40,177 SF industrial space is available for lease immediately. The property is less than one mile from US-131 on/off ramps at 28th Street and 36th Street. The lease space features a new roof and recently upgraded fire suppression system. It also offers the ability to accommodate 0.75 acres of outside parking or storage. The space includes 1,467 SF of office space with its own entrance and 38,710 SF of warehouse or manufacturing space. Property features include two drive-in doors, two dock doors (one of which is shared), 16'-20' ceilings, access to 400 amps of 480-volt 3-phase power, and LED lighting. It is ideal for a variety of uses including manufacturing, warehousing, and distribution.
Key Highlights
- Prime central location, less than one mile from US‑131 on/off ramps at 28th Street and 36th Street.
- Large 40,177 SF industrial space available for immediate lease.**
- Ability to accommodate 0.75 acres of outside parking or storage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.89 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49548, MI
34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value
Market
Lease Benchmarks for Grand Rapids, MI
$12.74 /SF/Yr
Avg Asking Price
$12–$13 /SF/Yr
Price Range
7,983 SF
Avg Space Size
This space is priced 53% below the average of $12.74 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 40,177 SF industrial space for lease, immediate availability.
Where is this flex space located?
The property is located at 345 32nd St SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $5.95 SF/Yr.
What are key features of this property?
This property features: Prime central location, less than one mile from US‑131 on/off ramps at 28th Street and 36th Street.; Large 40,177 SF industrial space available for immediate lease.**; Ability to accommodate 0.75 acres of outside parking or storage.
