4315-4323 Airwest Dr, Grand Rapids, MI 49512
23,200 SF | 14% Leased | Industrial Building | Grand Rapids, MI 49512 | $2,300,000 ($99/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,300,000
- Property Type
-
Industrial
- Price / Square Foot
- $99
Listing Contacts
Tim Van Noord, SIOR
Verified Profile
Michael Visser
Verified Profile
- Property Info
Property Overview
Opportunity to purchase or lease a partially occupied multi-tenant 23,500 industrial building centrally located in the desirable Airport Area submarket. With 10,000 SF immediately available for lease, the building could be occupied by a tenant seeking space, an owner-user looking to benefit from three rent paying tenants in neighboring suites, or an investor looking to capitalize on the below market rents in place.
The four-tenant building is currently occupied by three tenants who have a 17+ year history in the building. Currently the three tenants are all paying below market lease rates. The building has a brand-new parking lot and the standing seam metal roof was replaced in the past 7 years.
The available 10,000 SF space features three (3) docks, one (1) drive-in-door, LED lights, 2,500 SF of office space, 200 amps of 480-volt/3-phase power and is partially air conditioned. The entire building is clearspan, has 16’-19’ clear heights, each suite is separately metered and is serviced by a loading dock and/or a grade level door.
The four-tenant building is currently occupied by three tenants who have a 17+ year history in the building. Currently the three tenants are all paying below market lease rates. The building has a brand-new parking lot and the standing seam metal roof was replaced in the past 7 years.
The available 10,000 SF space features three (3) docks, one (1) drive-in-door, LED lights, 2,500 SF of office space, 200 amps of 480-volt/3-phase power and is partially air conditioned. The entire building is clearspan, has 16’-19’ clear heights, each suite is separately metered and is serviced by a loading dock and/or a grade level door.
Property Details
- Class
- C
- Year Built
- 1975
- Stories
- 1
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 73,616 SF
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