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    OFF-MARKET
    Warehouses

    3174 4th Mile NW Rd, Grand Rapids, MI 49544-9401

    267,000 SF 15.63 ac lot
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-2162302
    Property summary
    AI-generated overview

    This exceptional 100,000-square-foot industrial sublease space in Walker, Michigan, offers a rare opportunity for businesses seeking state-of-the-art facilities. Built in 2022, this property boasts impressive features including 30'6"-34'3" clear heights, ensuring ample vertical space for various operations. The efficient layout includes 50'x50' column spacing, maximizing usable floor area. Loading and unloading are streamlined with eight dock-high doors and two drive-in overhead doors. Power needs are met with 400 amps of 480-volt 3-phase power, while energy-efficient LED lighting reduces operational costs. The space also includes 1,175 square feet of office space, providing comfortable administrative areas. High-density fire suppression systems ensure a safe working environment. Conveniently located off I-96 in Kent County, this property offers easy access to major transportation routes. The space is ideally suited for a variety of warehouse and manufacturing uses. Available immediately and subleased through June 30, 2027. This is a truly unique opportunity in today's competitive market. The property is located at 3174 4 Mile Rd NW, Grand Rapids, MI 49544. Multiple tenants are permitted.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 267,000 SF
    Lot 15.63 ac (680,843 SF)
    Zoning code IPUD
    APN 41-13-04-101-034
    UPID US43-2162302
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • West Pharmaceutical Warehouse & Storage
    • Lowes Warehouse Warehouse & Storage
    • Kenona Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Glc Walker Ridge LLC · 5 yrs held
    Glc Walker Ridge LLC
    since 2021
    3 recorded transactions
    2021
    2021
    2021
    Zoning & alternative use
    IPUD · Grand Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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