Two-Tenant Industrial
For Sale
Contact for pricing
Pending
5505 52nd St SE, Grand Rapids, MI 49512
Two-tenant industrial property with partial sale-leaseback and existing occupancy by two industrial tenants.
Property Size70,000 SF
Days on Market230
Property Features for 5505 52nd St SE
General Information
Standard status
Pending
Size
70,000 SF
Property subtype
Industrial
Zoning
PUD-50
Occupancy
65%
Lease Type
Net
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Michael Visser · License #6501368970
(616) 327-2800
Source:
Crexi
Added: Jan 20
Changed: Aug 8
Last Checked: Jul 24 at 12:46PM
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 two-tenant industrial property totals 70,000 SF and is offered for sale with a partial sale-leaseback. McCarthy Group occupies 24,500 SF (35%) and will sign a lease at $8.91/SF net lease upon close.
The remaining 65% is occupied by Pioneer Molded Products under a short-term, absolute net lease described in the offering remarks as severely under market. The property is located at 5505 52nd St SE in Grand Rapids, Michigan 49512.
The remaining 65% is occupied by Pioneer Molded Products under a short-term, absolute net lease described in the offering remarks as severely under market. The property is located at 5505 52nd St SE in Grand Rapids, Michigan 49512.
Key Highlights
- Two‑tenant industrial property totaling 70,000 SF at 5505 52nd St, Grand Rapids, MI 49512
- Year built 2006
- McCarthy Group occupies 24,500 SF (35%) and will sign a lease at $8.91/SF net lease upon close
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Two-tenant industrial property with partial sale-leaseback and existing occupancy by two industrial tenants.
Where is this manufacturing property located?
The property is located at 5505 52nd St SE Grand Rapids, MI.
What are key features of this property?
This property features: Two‑tenant industrial property totaling 70,000 SF at 5505 52nd St, Grand Rapids, MI 49512; Year built 2006; McCarthy Group occupies 24,500 SF (35%) and will sign a lease at $8.91/SF net lease upon close
