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First-Floor Office Space
For Lease
$18.75 SF/Yr Modified Gross

601 5th St NW, Grand Rapids, MI 49504

A sublease opportunity in a TCC-zoned office property.

Space Size2,471 SF
Days on Market302

Property Features for 601 5th St NW

General Information

Standard status Active
Size 2,471 SF
Net Rentable 2,471 SF
Property subtype Office
Zoning TCC
Lease Type Modified Gross

Space & Availability

Available Space 2,471 SF
Contiguous Space 2,471 SF
Floor 1
Space Use Office
Sublease Yes

Site & Location

Neighborhood West Grand

Amenities

Power

Building Details

Year Built 1920

Spaces For Lease

at 601 5th St NW
Available Space $18.75/Mo
Contact us
Listing Agency: Advantage Commercial Real Estate
Listed By: Blake Bruursema · License #501448393
Source: Carwm.resimplifi
Added: Jan 7 Changed: Oct 29 Last Checked: Nov 3 at 2:57AM

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

Rey
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Investment Insights

Based on property information with market context.

The first-floor office space at 601 5th St NW totals 2,471 square feet and is available for sublease. The property was built in 1880 and is zoned TCC.

Located in Grand Rapids, Michigan, the space offers an office use within the city’s commercial inventory.

Key Highlights

  • 2,471 square feet of office space on the first floor
  • Available for sublease
  • Built in 1880

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gabriel Group Industrial Manufacturer TBX Advertising Agency Digital Limelight Media, ... Marketing & Advertising DealerOn, Inc. Corporate Office CopperRock Real Estate Real Estate Agency

Suggested Use

Top Pick Dental Office Nail Salon Spa & Massage Center Grocery & Convenience Store Daycare Center Storage Facility

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
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Grand Rapids, MI

$18.22 /SF/Yr
Avg Asking Price
$1.46–$50.45 /SF/Yr
Price Range
28,627 SF
Avg Space Size

This space is priced 3% above the average of $18.22 /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 - A sublease opportunity in a TCC-zoned office property.
Where is this office unit located?
The property is located at 601 5th St NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $18.75 SF/Yr.
What are key features of this property?
This property features: 2,471 square feet of office space on the first floor; Available for sublease; Built in 1880
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