Building Details

Building Size 51,000 SF

Tenancy Single

Listing Agency: Advantage Commercial Real Estate m***@advantagecre.com Show Phone

Listed By: Michael Visser · License #6​5​0​1​3​6​8​9​7​0

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 4:42AM

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Investment Insights

Based on property information with market context.

This 51,000-square-foot industrial building is occupied by a single tenant under a 100% lease arrangement. The property is located in the southeastern industrial corridor of Grand Rapids, placing it within an established industrial area.

Major highways are readily accessible, and Gerald R. Ford International Airport is nearby. The building’s single-tenant configuration and existing full occupancy provide a straightforward industrial property profile.

Key Highlights

• 51,000‑square‑foot industrial building
• 100% leased to a single tenant
• Located in Grand Rapids’ southeastern industrial corridor

Property Analytics

Property Profile

Current Use

Aspen Surgical Products Corporate Office

Suggested Use

Top Pick Restaurant Dental Office Kitchen & Bath Showroom Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

94

Businesses Nearby

Explore this area Business Placement

Demographics for 49316, MI

24,742

Population

9,673

Households

2.6

Avg Household Size

38

Median Age

45%

College-Educated

96%

High-School Grad

57.1 sq mi

ZIP Area

433

Density / Sq Mi

$101,548

Median Household Income

$49,178

Median Earnings

$1,299

Median Rent

$338,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - Fully leased industrial facility serving the southeastern Grand Rapids industrial corridor with access to major highways and the regional airport.

Where is this industrial property located?

The property is located at 6945 Southbelt Drive SE Caledonia, MI.

What are key features of this property?

This property features: 51,000‑square‑foot industrial building; 100% leased to a single tenant; Located in Grand Rapids’ southeastern industrial corridor