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Two-Story Office Condominium
For Lease
$14.50 SF/Yr

3744 28th Street SE, Grand Rapids, MI 49512

End-user or redevelopment opportunity in a zoned C-2 corner setting with elevator service and ample parking.

Space Size15,840 SF
Lot Size0.94 Acres
Days on Market96

Property Features for 3744 28th Street SE

General Information

Standard status Active
Size 15,840 SF
Total Parking Spaces 67
Lot size 0.94 Acres
Property subtype Office
Zoning C-2
Lease Term NNN

Building Details

Building Size 15,840 SF
Year Built 1980
Year Renovated 2020
Stories 2

Spaces For Lease

at 3744 28th Street SE Contact us

Name

Type
Space Type
Contact us

Plaza 28 $14.50/SF/Yr

Size
15,840 SF
Type
Office Condo
Contact us
Listing Agency: Friedman Integrated Real Estate
Listed By: Todd Hawley · License #6501265610
Source: Friedmanrealestate
Added: Jun 2 Changed: Aug 8 Last Checked: Sep 5 at 4:34AM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

Two-story office condominium totaling 15,840 SF, offered in above-average condition and laid out for a professional tenant configuration. The property is situated on a 0.94-acre site and includes elevator service and substantial on-site parking with 67 spaces, supporting both day-to-day operations and visitor access. Built for a straightforward office use, the asset also presents an ideal end-user opportunity alongside possible commercial redevelopment options.

Located at the corner of 28th Street and Lake Eastbrook Blvd., the building sits east of a major traffic corridor. It is positioned across from Center Pointe Mall, with prominent nearby retail activity. Major retailers in the surrounding area include Trader Joe’s, Nordstrom Rack, Dave & Busters, ULTA Beauty, Vitamin Outlet, and additional brands, helping the site benefit from a built-in commercial draw. The property also features substantial signage on a pylon sign at 28th Street.

This offering is well suited for an end-user seeking a substantial, elevator-served office footprint with dedicated parking, or for an owner/operator exploring a C-2 redevelopment pathway. Its corner visibility, established retail adjacency, and flexible tenancy potential make it a practical choice for businesses looking to anchor in a high-traffic commercial environment.

Key Highlights

  • 15,840 SF, 2‑story office condominium on 0.94 acres
  • Zoned C‑2 and located at the corner of 28th Street and Lake Eastbrook Blvd.
  • Elevator service in the building

Property Analytics

Current Use

Coldwell Banker Schmidt ... Real Estate Agency Coldwell Banker AJS-Schmidt: ... Real Estate Agency New Oakland Family ... Medical Clinic Bruce Johnson, Realtor Real Estate Agency Chicago Title Investments Title Company

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Grocery & Convenience Store Garden Center Pharmacy Plumbing Service

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,253
Businesses Nearby

Demographics for 49512, MI

18,558
Population
8,870
Households
2.1
Avg Household Size
33
Median Age
38%
College-Educated
91%
High-School Grad
23.0 sq mi
ZIP Area
807
Density / Sq Mi
$70,955
Median Household Income
$41,538
Median Earnings
$1,229
Median Rent
$279,900
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$16.8 /SF/Yr
Avg Asking Price
$1.52–$36 /SF/Yr
Price Range
26,849 SF
Avg Space Size

This space is priced 14% below the average of $16.8 /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 - End-user or redevelopment opportunity in a zoned C-2 corner setting with elevator service and ample parking.
Where is this office units located?
The property is located at 3744 28th Street SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: 15,840 SF, 2‑story office condominium on 0.94 acres; Zoned C‑2 and located at the corner of 28th Street and Lake Eastbrook Blvd.; Elevator service in the building
More about this property
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