Property profile

5501 Glenwood Hills Pkwy Grand Rapids, MI 49512

OFF-MARKET
Office Spaces
136,000 SF 6.22 ac lot
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Property summary

AI-generated overview

This exceptional build-to-suit opportunity presents a 136,000 square foot, four-story Class A office building in Grand Rapids' desirable Southeast submarket, specifically the Cascade cluster. Located at 5501 Glenwood Hills Parkway SE, this property sits on a 6.22-acre lot (270,943 square feet) and offers a flexible minimum divisible space of 17,000 square feet, with the potential for contiguous space up to the entire building. The building boasts 695 parking spaces, two elevators (one passenger, one freight), and is served by Consumers Energy. Its prime location offers easy access to Interstate 96 and M-6, reducing commute times and providing convenient access to Gerald R. Ford International Airport. The property is zoned PUD (Planned Unit Development) and features a park-like setting with tree-lined streets and wetland views. The building is designed to accommodate various work styles and business sizes, allowing for customized environments that prioritize collaboration, productivity, and wellness. This location offers unparalleled signage opportunities along Interstate 96, providing excellent corporate branding visibility. Nearby amenities include Woodland Mall, offering a blend of dining, shopping, and entertainment options. The surrounding area is home to numerous nationally recognized businesses and benefits from a well-educated and growing workforce, with 72.6% of Cascade residents holding college degrees and a projected population growth of over 3.6% within a 5-mile radius over the next five years. This location provides a convenient and attractive option for businesses seeking a blend of suburban tranquility and proximity to the vibrancy of downtown Grand Rapids.

Property profile

Verified
Property type Office Spaces
Total area 136,000 SF
Lot 6.22 ac (270,943 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5501 Glenwood Hills Pkwy Grand Rapids, MI 49512
Grand Rapids metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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