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New Industrial Warehouse Space Available
For Lease
$7 SF/Yr

721 E 48th St C, Holland, MI 49423

New construction industrial warehouse with flexible division options for lease.

Space SizeContact for details
Lot Size18.50 Acres
Days on Market159

Property Features for 721 E 48th St C

General Information

Standard status Active
Lot size 18.50 Acres
Property subtype Commercial

Building Details

Year Built 2025
Units 1
Listing Agency: Lakeshore Commercial Real Estate
Listed By: Michael Nagelkirk · License #6501194952
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 12:05PM

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 Lakeshore Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a new construction industrial warehouse offering 37,800 square feet with a proposed division. Located in the South Holland Industrial Park at Waverly Road & E 48th St, it provides easy access to US 31 and I-196. Suite C offers 21,000 square feet with ceiling heights ranging from 24 to 27 feet. The suite includes 2,000 square feet of office space, two loading docks, one overhead door, and a sprinkler system. The build time is estimated to be 12-18 months. Power can be delivered per BPW based on specific usage requirements. The lease term is 60 months.

Key Highlights

  • New construction: 37,800 Sq. Ft. Industrial Warehouse (Suite C - 21,000 Sq. Ft. Available)
  • Prime location: South Holland Industrial Park with easy access to US 31 and I‑196
  • High ceilings: 24'-27' ceiling height**

Property Analytics

Current Use

Serveone America Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Electrical Service

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
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby
Well-served
Demand for This Use

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

$6.91 /SF/Yr
Avg Asking Price
$5.45–$8 /SF/Yr
Price Range
19,647 SF
Avg Space Size

This space is priced 1% above the average of $6.91 /SF/Yr.

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Holland Self Storage 160 E 40th St, Holland, MI 49423
  • Cross Creek Self Storage 1187 Central Ave, Holland, MI 49423
  • Stor-It 1200 Central Ave, Holland, MI 49423

Frequently Asked Questions

What type of property is this?
Warehouse - New construction industrial warehouse with flexible division options for lease.
Where is this warehouse located?
The property is located at 721 E 48th St C 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: **37,800 Sq. Ft. Industrial Warehouse** (Suite C - 21,000 Sq. Ft. Available); Prime location: South Holland Industrial Park with easy access to US 31 and I‑196; High ceilings: 24'-27' ceiling height**
More about this property
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