New Mixed-Use Property
For Lease
$22 SF/Yr
614 1st St NW, Grand Rapids, MI 49504
Newly constructed mixed-use property with customizable suites for rent.
Space SizeContact for details
Days on Market783
Property Features for 614 1st St NW
General Information
Standard status
Active
Property subtype
Office
Zoning
TCC
Lease Type
NNN
Building Details
Year Built
2018
Spaces For Lease
at 614 1st St NW
Available Space
$22/Mo
Listing Agency:
Bradley Company
Listed By:
Kevin VanHaitsma · License #6501392260
(616) 308-1727
Source:
Carwm.resimplifi
Added: Aug 26, 2024
Changed: Oct 14
Last Checked: Oct 16 at 5:45AM
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 Bradley Company
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Investment Insights
Based on property information with market context.
This newly constructed, mixed-use property offers multiple suite configurations for rent. Suite sizes range from 3,631 to 30,772 square feet, and can be fully connected to accommodate a corporate headquarters or demised for multiple tenants seeking an upscale office experience. The location provides an extraordinary opportunity, situated close to both Interstate 96 and US 131, and one block from Bridge Street. This first-generation space allows tenants to build their space to desired specifications and finish levels. The landlord will deliver the space in 'white-box' condition, along with a $30 per square foot improvement allowance based on published rates.
Key Highlights
- Prime location near I‑96, US 131, and Bridge St, offering exceptional accessibility.
- Flexible suite sizes ranging from 3,631 sf to 30,772 sf, suitable for diverse tenant needs.
- First generation space allows for customized build‑out to tenant specifications.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Explore this area
Business Placement
Demographics for 49504, MI
41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value
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Market
Lease Benchmarks for Grand Rapids, MI
$25.92 /SF/Yr
Avg Asking Price
$8–$65.86 /SF/Yr
Price Range
51,851 SF
Avg Space Size
This space is priced 15% below the average of $25.92 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly constructed mixed-use property with customizable suites for rent.
Where is this mixed-use property located?
The property is located at 614 1st St NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime location near I‑96, US 131, and Bridge St, offering exceptional accessibility.; Flexible suite sizes ranging from 3,631 sf to 30,772 sf, suitable for diverse tenant needs.; First generation space allows for customized build‑out to tenant specifications.
