Two-Tenant Industrial
5505 52nd St SE Grand Rapids, MI 49512
5505 52nd St SE, Grand Rapids, MI, 49512
Contact for pricing
For Sale
Contact for pricing
Pending
Two-tenant industrial property with partial sale-leaseback and existing occupancy by two industrial tenants.
Property Size70,000 SF
Days on Market183
Property Features for 5505 52nd St SE
General Information
- Standard status
- Pending
- Size
- 70,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing agency
Advantage Commercial Real Estate
(616) 327-2800
Listed by
Michael Visser · License #6501368970
Source
Crexi
Added: Jan 20 Updated: Jul 22 at 1:26PM Checked: Jul 22 at 1:26PM
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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
Location Intelligence
Current Use by Public Records
Rooted Fabrication
Industrial Manufacturer
Pioneer Molded Products
Factory
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FAQs
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