New Industrial Warehouse
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
Call Listing Agent
Legal Description
Call Listing Agent
Utilities
Utilities
Cable Available
Heating system
Space Heater, Forced Air
Cooling system
Central Air
Building Details
Year built
2025
Number of units
1
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 10:06PM
MLS# 24023502
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, positioned at the NE corner of Waverly Road and E 48th St. The facility is designed to support flexible leasing, including a full building lease or proposed divisions as Suite C (21,000 SF) with 2,000 SF office and Suite D (16,800 SF) with 1,500 SF office.
Each suite is planned with two loading docks and one overhead door, central HVAC, natural gas/propane service, a sprinkler system, and ample power available to meet tenant needs if power requirements are identified in advance. Building ceiling height is specified at 24'-27'.
Estimated build time is 8 months from lease execution, with the option to lease the entire building or a proposed suite layout.
Each suite is planned with two loading docks and one overhead door, central HVAC, natural gas/propane service, a sprinkler system, and ample power available to meet tenant needs if power requirements are identified in advance. Building ceiling height is specified at 24'-27'.
Estimated build time is 8 months from lease execution, with the option to lease the entire building or a proposed suite layout.
Key Highlights
- New Construction: Built in 2025, offering modern design and features.
- Divisible Space: Lease the entire 37,800 SF or individual suites (21,000 SF or 16,800 SF) with customizable office space.
- Prime Location: Situated 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
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 offering suite options with loading docks, central HVAC, and 24-27' ceiling height.
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: Built in 2025, offering modern design and features.; Divisible Space: Lease the entire 37,800 SF or individual suites (21,000 SF or 16,800 SF) with customizable office space.; Prime Location: Situated in South Holland Industrial Park with easy access to US 31 and I‑196.
