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Furnished Office Units
For Lease
$19.50 SF/Yr Modified Gross

5300 Patterson Ave SE, Kentwood, MI 49512

Renovated workspace combines open areas, private offices, shared amenities, and monument signage.

Space SizeContact for details
Days on Market732

Property Features for 5300 Patterson Ave SE

General Information

Standard status Active
Total Parking Spaces 1350
Property subtype Office
Zoning PUD-50
Lease Type Modified Gross

Amenities

Power
Water
Sewer
1,350 Parking Spaces

Building Details

Year Built 1991

Spaces For Lease

at 5300 Patterson Ave SE
Available Space $19.50/Mo
Contact us
Listing Agency: NAI Wisinski of West Michigan
Listed By: Mary Anne Wisinski-Rosely
Source: Carwm.resimplifi
Added: Oct 23, 2024 Changed: Oct 21 Last Checked: Oct 23 at 3:21AM

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 NAI Wisinski of West Michigan

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Investment Insights

Based on property information with market context.

Office units are offered for sublease in a recently renovated setting with updated finishes. The layout combines open work areas and private offices, while existing furniture is available for a subtenant’s use.

Shared building amenities include a cafeteria with food service, a workout facility with showers, and an indoor/outdoor break area. Monument-sign placement is available, and the property is located at the corner of Patterson Avenue SE and 52nd Street in Kentwood, Michigan.

Key Highlights

  • Furnished office units available for sublease
  • Recently renovated with updated finishes
  • Combination of open workspace and private offices

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store Catering Service Cafe & Coffee Shop

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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

223
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Kentwood, MI

$11.79 /SF/Yr
Avg Asking Price
$6–$19.5 /SF/Yr
Price Range
43,343 SF
Avg Space Size

This space is priced 65% above the average of $11.79 /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

Frequently Asked Questions

What type of property is this?
Office unit - Renovated workspace combines open areas, private offices, shared amenities, and monument signage.
Where is this office unit located?
The property is located at 5300 Patterson Ave SE Kentwood, MI.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Furnished office units available for sublease; Recently renovated with updated finishes; Combination of open workspace and private offices
More about this property
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