2000 Oak Industrial Drive NE

Off-Market

2000 Oak Industrial Drive NE, Grand Rapids, MI 49505

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 109,840 SF
  • Lot Size 5.7 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2004

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 20 Jul, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Grand Rapids

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Grand Rapids Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $21.65
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 329,230

Grand Rapids Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $163.26
  • Y-o-Y Avg. PpSF Change -17.52%
  • 2021 Office Sales Volume $31.7M
  • 2021 Number of Transactions 3
View more Grand Rapids market trends

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent
  • Transit Score ®

    27/100 Some Transit
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Michigan Oaks
  • Zip Code 49505
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    3.00 miles

  • Speedway

    0.93 miles

  • Shell

    1.07 miles

  • Speedway

    1.09 miles

  • BP

    1.23 miles

  • Family Fare Quick Stop

    1.26 miles

  • U Save Mart

    1.28 miles

  • Citgo

    1.50 miles

  • BP

    1.54 miles

  • Mobil

    1.93 miles

  • Shell

    1.99 miles

  • Bukowski Lot

    1.02 miles

  • Woodward Lot

    1.05 miles

  • Mayfield Lot

    1.07 miles

  • Plymouth Lot

    1.16 miles

  • East Albertus Lot

    1.20 miles

  • Eastown Hub Parking Lot

    1.48 miles

  • MDOT Park & Ride - Kentwood

    1.50 miles

  • Ethel Parking Lot

    1.53 miles

  • Congress Elementary Parking Lot

    1.65 miles

  • LaFontse Gallery Lot

    1.75 miles

  • Subway

    1.11 miles

  • Checkers

    1.16 miles

  • McDonald's

    1.16 miles

  • Arby's

    1.19 miles

  • Adobé In & Out

    1.22 miles

  • Taco Bell

    1.29 miles

  • KFC

    1.37 miles

  • Matchbox Diner & Drinks

    1.42 miles

  • Domino's

    1.43 miles

  • Terra

    1.43 miles

  • Family Fare

    1.12 miles

  • Family Fare

    1.25 miles

  • Fulton Street Farmer’s Market

    1.35 miles

  • D&W

    1.58 miles

  • Wealthy Market

    1.84 miles

  • Meijer

    1.97 miles

  • Aldi

    2.17 miles

  • D & W Fresh Market

    2.35 miles

  • Creston Market

    2.52 miles

  • Grand Central Market

    2.63 miles

  • Leonard Street Fire Station

    0.80 miles

  • Spectrum Health Long-Term Care

    0.95 miles

  • Grand Valley Pharmacist

    0.96 miles

  • Grand Valley Surgical Center

    0.98 miles

  • OAM NOW Urgent Orthopaedic Care

    0.99 miles

  • Spectrum Health Heart and Vascular Center

    1.04 miles

  • CVS Pharmacy

    1.26 miles

  • Blodgett Hospital

    1.46 miles

  • CVS Pharmacy

    1.49 miles

  • Rite Aid

    1.64 miles

Frequently Asked Questions

What is the total square footage of 2000 Oak Industrial Drive NE?

2000 Oak Industrial Drive NE totals 109,840 square feet.

When was this property built?

2000 Oak Industrial Drive NE was built in 2004.

When was 2000 Oak Industrial Drive NE last sold?

2000 Oak Industrial Drive NE was last sold on 20 Jul, 2015.

What is the property tax for 2000 Oak Industrial Drive NE?

The property tax for 2000 Oak Industrial Drive NE in 2022 was $220,030.

What is the market value for 2000 Oak Industrial Drive NE?

The market value* for 2000 Oak Industrial Drive NE in 2022 was $8,571,377.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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