New Industrial Warehouse with
For Lease
$7 SF/Yr
721 E 48th Street, Holland, MI 49423
COMMERCIAL - Holland, MI
Space Size16,800 SF - 37,800 SF
Lot Size18.50 Acres
Days on Market833
Property Features for 721 E 48th Street
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning description
I-1
Fireplace
1
Elementary school district
Hamilton
Middle school district
Hamilton
High school district
Hamilton
Directions
Waverly Road South to E 48th St,. Home to Mad Cheetah
Subdivision
Holland/Saugatuck - H
Standard status
Active
APN
03-02-03-300-021
Size
37,800 SF
Lot size
18.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Contact Listing Agent
Legal Description
Contact Listing Agent
Utilities
Utilities
Cable Available
Heating system
Space Heater, Forced Air
Cooling system
Central Air
Building Details
Year built
2025
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Lakeshore Commercial Real Estate
(616) 394-4500
Listed By:
Michael Nagelkirk · License #6501194952
(616) 836-1122
Added: May 10, 2024
Changed: Aug 4
Last Checked: Aug 20 at 9:06PM
MLS# 24023516
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
New construction 37,800 SF industrial warehouse in the South Holland Industrial Park. The building features 24'-27' ceiling height, a sprinkler system, central HVAC, and natural gas/propane, with ample electrical power available per BPW requirements when power needs are communicated in advance.
The property is located at the NE corner of Waverly Road and E 48th St, with easy access to US 31 and I-196. Space may be leased in its entirety or divided into two proposed suites: Suite C at 21,000 SF with a 2,000 SF office, or Suite D at 16,800 SF with a 1,500 SF office.
Each proposed suite will include two loading docks and one overhead door, supporting dock-based operations. Estimated build time is 8 months from lease execution.
The property is located at the NE corner of Waverly Road and E 48th St, with easy access to US 31 and I-196. Space may be leased in its entirety or divided into two proposed suites: Suite C at 21,000 SF with a 2,000 SF office, or Suite D at 16,800 SF with a 1,500 SF office.
Each proposed suite will include two loading docks and one overhead door, supporting dock-based operations. Estimated build time is 8 months from lease execution.
Key Highlights
- New construction industrial warehouse (37,800 SF) built in 2025.
- Divisible suites available: Suite C (21,000 SF with 2,000 SF office) or Suite D (16,800 SF with 1,500 SF office).
- Prime location in South Holland Industrial Park with easy access to US 31 and I‑196.
Property Analytics
Property Profile
Current Use
Lease Details
27 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49423, MI
46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value
Market
Lease Benchmarks for Holland, MI
$7.01 /SF/Yr
Avg Asking Price
$5.45–$8 /SF/Yr
Price Range
20,172 SF
Avg Space Size
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - New construction industrial warehouse offers suites with loading docks, central HVAC, and optional office space.
Where is this warehouse located?
The property is located at 721 E 48th Street Holland, MI.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: New construction industrial warehouse (37,800 SF) built in 2025.; Divisible suites available: **Suite C (21,000 SF with 2,000 SF office) or Suite D (16,800 SF with 1,500 SF office).**; Prime location in South Holland Industrial Park with easy access to US 31 and I‑196.
