618 Kenmoor AveGrand Rapids, MI 49546

  • Other commercial real estate
  • 37,631 SF
For Lease
$20/SF/YR View listing

Property Details for 618 Kenmoor Ave

Year built
1984
Lot size
6.49 AC
Property size (Sq ft)
37,631 SF
Zone code
O-PUD
Property type
Other commercial real estate
APN
41-14-36-176-044
APU
411436176044

Description

This exceptional single-tenant office building, totaling 39,150 square feet, is ideally situated in Grand Rapids Township, Michigan, at 618 Kenmoor Ave SE, 49546. Enjoy the benefits of a no-city-income-tax location, offering significant financial advantages. The property boasts a highly desirable office park setting at the end of a cul-de-sac, providing a tranquil and professional atmosphere. Its strategic location offers convenient access to the I-96 & Cascade Road interchange, ensuring seamless commutes for employees and clients. The building's elegant exterior belies its sophisticated interior, highlighted by a stunning two-story glass atrium lobby. Beyond the impressive aesthetics, this property provides a wealth of amenities, including ample parking, building and monument signage rights, an on-site data center, backup generators, and a welcoming outdoor break deck. The modified gross lease structure offers flexibility, and a new direct lease with a proposed 10-year term is available, contingent upon a possession date coordinated with the existing tenant. This prime location also offers easy access to a variety of dining, shopping, and the Grand Rapids CBD, as well as the airport. This is a truly unique opportunity to secure a high-quality corporate office space in a highly sought-after location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,496,392
    Hospitality
    $3,202,677
    Educational
    $2,664,590
    Medical
    $2,756,229
    Retail
    $4,144,917
618 Kenmoor Ave, Grand Rapids, Michigan
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Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9532
Longitude
-85.5656
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$108,755
-
-
$3,531,200
-
-
-
$7,062,400

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