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Turn Key Office Suite
For Lease
$14.25 SF/Yr

77 Monroe Center Street NW, Grand Rapids, MI 49503

Office suite for sublease in downtown Grand Rapids.

Space SizeContact for details
Days on Market4760

Property Features for 77 Monroe Center Street NW

General Information

Standard status Active
Property subtype Office
Zoning CC - CITY CENTER
Lease Type NNN

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 1926

Spaces For Lease

at 77 Monroe Center Street NW Contact us

Available Space $34.99/Mo

Contact us

Available Space $1,275/Mo

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Available Space $16.50/Mo

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Available Space $14.25/Mo

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Available Space $775/Mo

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Available Space $17.50/Mo

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Listing Agency: The Hinman Company - Grand Rapids
Listed By: Kirk Driesenga · License #6501338211
Source: Carwm.resimplifi
Added: Sep 27, 2013 Changed: Sep 26 Last Checked: Oct 7 at 8:44AM

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 The Hinman Company - Grand Rapids

Investment Insights

Based on property information with market context.

This is an excellent turn-key office suite available for sublease. It is located within a 12-story building that offers 94,000 square feet of space. The building is situated in the heart of the central business district of downtown Grand Rapids, Michigan. Its location provides convenient walking distance to restaurants, retail establishments, hotels, the Van Andel Arena, the Grand Rapids Art Museum, and DeVos Place.

Key Highlights

  • Turn‑key office suite ready for immediate occupancy.
  • Prime location in the heart of the Central Business District.
  • Located in a beautiful 12‑story, 94,000 SF building.

Property Analytics

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Current Use

Weiner-Vatter Jolene J Law Firm Danielle Rowland - State ... Insurance Agency Phillip B. Slot- ... Law Firm Shaw Law Group Law Firm the Parlour @ CityFlatsHotel Hair Salon

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Locksmith Barber Shop

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
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,314
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
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

$17.59 /SF/Yr
Avg Asking Price
$1.46–$50 /SF/Yr
Price Range
30,790 SF
Avg Space Size

This space is priced 19% below the average of $17.59 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite for sublease in downtown Grand Rapids.
Where is this office units located?
The property is located at 77 Monroe Center Street NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $14.25 SF/Yr.
What are key features of this property?
This property features: Turn‑key office suite ready for immediate occupancy.; Prime location in the heart of the Central Business District.; Located in a beautiful 12‑story, 94,000 SF building.
More about this property
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