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Grand Rapids, MI NNN Properties for Sale

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Manufacturing Facility with Net Lease
Updated: Mar 18
Manufacturing Facility with Net Lease

3290 Patterson Ave SE, Grand Rapids, MI 49512

$50,078,571
285,875 sqft 42.17 AC lot
100% leased to GE Aviation Systems LLC, a division of GE Aerospace
±42.17‑acre site in Grand Rapids, Michigan
Lease extends through 12/31/2035 with 2% annual increases
Long‑term net lease with limited landlord responsibilities
Engineering, testing, and manufacturing functions support aerospace products
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Office Building with NNN Lease
Updated: Jun 23
Office Building with NNN Lease

4345 SAWKAW NE, Grand Rapids, MI 49525

Contact for pricing
6,000 sqft
6,000 SF office building constructed in 1990
Half of the building is occupied by Dentistry By Design
Dental tenant has been in place since 2015
Occupancy is subject to a NNN lease
Remaining 3,000 SF is updated and move‑in ready
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See hot listings in Grand Rapids

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Panera Bread Drive-Through Restaurant
Panera Bread Drive-Through Restaurant

5510 Clyde Park Ave SW, Wyoming, MI 49509

$3,000,000
4,500 sqft 1.00 AC lot

A freestanding restaurant is offered with a new NNN lease and multiple renewal options.

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Arby’s NNN Restaurant Property
Arby’s NNN Restaurant Property

5187 Lake Michigan Dr, Allendale, MI 49401

$2,378,000
2,109 sqft

The lease carries a guarantee from RTM Operating Company, LLC, a wholly owned subsidiary of Inspire Brands.

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Single-Tenant Flex Space
Single-Tenant Flex Space

1694 Gezon Pkwy SW, Wyoming, MI 49519

$2,404,000
25,000 sqft

Fully leased industrial property with NNN lease structure and an established occupancy history.

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Drive-Through NNN Restaurant Property
Drive-Through NNN Restaurant Property

5181 Lake Michigan Dr, Allendale, MI 49401

Contact for pricing
2,109 sqft

A corporate-guaranteed NNN lease includes scheduled rent growth and multiple renewal options.

View details

Grand Rapids, MI Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 291,875 square feet of properties for sale, with an estimated market value of $50,078,572.

Sale prices for triple net lease properties in Grand Rapids, MI average $50,078,572 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 434K
Population Growth (5Y) +2.4%
Median Household Income $74,271
College Educated 24.5%

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

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