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Well-Maintained Business Complex Available
For Lease
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88 54th St SW, Grand Rapids, MI 49548

3,415 SF flex/industrial space near US 131 for rent.

Space Size3,415 SF
Days on Market149

Property Features for 88 54th St SW

General Information

Standard status Active
Size 3,415 SF
Property subtype Industrial
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 88 54th St SW Contact us

Suite 103

Size
3,415 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Wisinski of West Michigan - Grand Rapids
Listed By: Christopher Prins · License #MI 6501330745
Source: Crexi
Added: Mar 20 Changed: Aug 14 Last Checked: Aug 13 at 12:52PM

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 NAI Wisinski of West Michigan - Grand Rapids

Investment Insights

Based on property information with market context.

This well-maintained business complex offers 3,415 square feet of available space. The property features one dock and one overhead door. Its location provides convenient access to US 131.

Key Highlights

  • Great location near US 131
  • 3,415 SF available
  • Well maintained Business Complex

Property Analytics

Current Use

Indelco Plastics Corporation Corporate Office Riverside Carbide Bits ... Corporate Office Technology Partners Group Business Service Center Shaltz Automation Factory Tatweer LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center Spa & Massage Center Storage Facility (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

NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49548, MI

34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$12.74 /SF/Yr
Avg Asking Price
$12–$13 /SF/Yr
Price Range
7,983 SF
Avg Space Size

This space is priced 41% below the average of $12.74 /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
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Questions? Ask Rey
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Similar Off Market Nearby

  • Distinctive Catering 4945 Division Ave S, Grand Rapids, MI 49548
  • Corporate Caterers 4945 Division Ave S, Grand Rapids, MI 49548

Frequently Asked Questions

What type of property is this?
Flex space - 3,415 SF flex/industrial space near US 131 for rent.
Where is this flex space located?
The property is located at 88 54th St SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Great location near US 131; 3,415 SF available; Well maintained Business Complex
(616) 776-0100 Call to check price and availability
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