5211 Cascade Road SE, Grand Rapids, MI 49546
Multi-tenant Class A office building with a large site and convenient I-96 access near major intersections.
- Added:
- Mar 12, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 15 at 7:39 am
Property Features for 5211 Cascade Road SE
General Information
- Standard status
- Active
- Size
- 45,814 SF
- Lot size
- 6.40 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1997
Listing agent Lakeshore Commercial Real Estate (616) 836-0045
Listing office (616) 836-0045
Listing date Mar 12, 2026
Source Xome
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 Lakeshore Commercial Real Estate
HighLights
- 45,814 SF multi‑tenant Class A office building with 40,183 rentable SF.
- Located on a 6.4‑acre parcel at the northeast corner of Cascade Road SE and Spaulding Avenue SE.
- Year built: 1997.
- Roof: rubber.
- Lot dimensions: 394 x 368 (IFF).
- Heating system listed as "3".
Overview
The property is located at the northeast corner of Cascade Road SE and Spaulding Avenue SE (5211 Cascade Road SE, Ada Twp, MI 49546). The corner positioning is intended to support visibility, and the remarks note immediate access to I-96 for connectivity to key drivers of tenant demand.
For tenants, the multi-tenant layout supports a range of office uses within a Class A setting, rather than relying on a single tenancy. For investors and buyers, the structure provides diversified income opportunities by housing multiple tenants under one roof, while the sizable site offers additional considerations for long-term operations and redevelopment planning. The asset’s placement within an established commercial corridor is also noted as a factor in its day-to-day business environment.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $736.7k | $16.08 |
| − Vacancy | −$165.8k | −$3.62 |
| EGI | $570.9k | $12.46 |
| − OpEx | −$142.7k | −$3.12 |
| NOI | $428.2k | $9.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.539837
- Latitude
- 42.942036
