5500 Executive SE Pkwy Grand Rapids, MI 49512-5507

Property Details for 5500 Executive SE Pkwy

Lot size

6.66 lot acres

Property size

54,675 SF

Zone code

PUD

Property type

Industrial properties

APN

41-19-31-200-055

APU

411931200055

Description

This exceptional 56,000-square-foot industrial facility, situated on a 6.63-acre lot in Grand Rapids, Michigan's desirable Airport Area submarket, presents a unique investment opportunity. Built in 2019, this state-of-the-art building boasts a professional corporate image and is conveniently located minutes from M-6 and I-96 highways. The property is impeccably maintained, featuring modern amenities such as solar panel electric generation, an ESFR fire suppression system, and two EV charging stations. High ceilings (26'-30'), ample power (1,200 amps), and efficient column spacing (67'x30') provide optimal functionality. Six loading docks and two drive-in doors ensure efficient material handling. The building also includes 4,500 square feet of beautifully appointed office space and a 2,000-square-foot professionally finished mezzanine (not included in the 56,000 SF total). Currently, 38,990 square feet is available for occupancy within 60-90 days of closing, with 17,010 square feet leased until June 30, 2028, offering immediate income potential for investors. Additional features include LED lighting and six 18' circulating fans. The property's location, modern design, and existing lease provide an attractive proposition for both owner-occupants and investors seeking a high-quality industrial asset in a prime location. The asking price is $7,000,000. The address is 5500 Executive Parkway SE, Grand Rapids, MI 49512.

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Longitude

-85.5376

Latitude

42.8628

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments