1575 Arboretum SE Dr Grand Rapids, MI 49546-9058
This exceptional 29,450-square-foot executive office building, constructed in 2005, is situated in the desirable Watermark Center Office Park in Grand Rapids, Michigan, at 1575 Arboretum Dr SE, 49546. Currently 100% leased to three quality tenants, this property offers a high-quality loft-style build-out with a blend of private offices, conference/training rooms, and open work areas. The building boasts a modern, tech-style design, incorporating energy-efficient features and abundant natural light from numerous windows. Its location provides easy access to Cascade Road and I-96, offering convenient commuting. The property includes ample free on-site parking and benefits from redundant fiber optic internet infrastructure. Enjoy the convenience of nearby amenities, including the Watermark Country Club (with Snap Fitness), numerous restaurants, coffee shops, and daycare facilities within the Cascade and Ada areas. The Watermark Center Office Park itself comprises 284,486 square feet and maintains a 98% occupancy rate, reflecting the strong demand in this thriving business community. This fully leased investment opportunity presents a compelling return with a flexible layout and a highly desirable location.
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Project BarFly LLC. Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Grand Rapids, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.