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    5300 Patterson Ave Kentwood, MI 49512

    Sponsored
    For Lease
    $19 SF/Yr

    Class A Office, 17,238 SF Available

    Lot size:
    150,797 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A executive office space, totaling 17,238 square feet, is available for lease in Kentwood, Michigan's Airport District-GRR submarket. Located at 5300 Patterson Ave SE, this property boasts a prime location at the corner of Patterson and 52nd Street. The building, constructed in 1991 and extensively renovated in 2014, offers a blend of modern amenities and classic design. The 150,797 square foot building sits on a spacious 23.64-acre lot and features a two-story design. The space itself offers a combination of open work areas and private offices, catering to diverse business needs. Existing furniture is available for use by the subtenant. Building amenities include a convenient cafeteria with food service, a well-equipped workout facility complete with showers, and an attractive indoor/outdoor break area. Prominent signage opportunities are available on the monument sign. The property is zoned PUD-50 and its APN is 411931100045. This is a rare opportunity to secure high-quality office space in a desirable Kent County location.

    Property Features for 5300 Patterson Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,797 SF
    Class
    A
    Total Rate
    245045.13

    Building Details

    Year Built/Renovated
    1991/2014
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    17,238 SF
    Rate per SF
    $19

    HighLights

    • 17,238 SF of Class A office space available for lease in Kentwood, MI's Airport District.
    • Located at 5300 Patterson Ave SE, at the corner of Patterson and 52nd Street.
    • 1991 construction, extensively renovated in 2014, offering modern amenities.
    • Features open work areas and private offices, with existing furniture available.
    • Building amenities include a cafeteria, fitness center with showers, and indoor/outdoor break area.
    • Prominent monument signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Wholesale Shop Auto Parts Store Hotel & Motel Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.5448929
    Latitude
    42.8680978

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 17,238 SF Available
    Where is this office property / space located?
    The property is located at 5300 Patterson Ave Kentwood, MI.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 17,238 SF of Class A office space available for lease in Kentwood, MI's Airport District.; Located at 5300 Patterson Ave SE, at the corner of Patterson and 52nd Street.; 1991 construction, extensively renovated in 2014, offering modern amenities.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5300 Patterson Ave Kentwood, MI 49512
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