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2200 Oak Industrial Drive NE

Off-Market

2200 Oak Industrial Drive NE, Grand Rapids, MI 49505

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  • Property Type Industrial - Manufacturing
  • Property Size 69,440 Sqft
  • Lot Size 4.66 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1981

Location

  • City Grand Rapids, MI
  • Neighborhood Michigan Oaks
  • Zip Code 49505
  • Market Grand Rapids

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 26 Apr, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2020 Avg. Asking Rent $22.54
  • 2020 Office Vacancy Rate 11.83%
  • 2020 Office Completions (Sqft)
View more Grand Rapids market trends

Tax

  • Property Tax in 2021 $33,590
  • Market Value $1,300,100
  • Assessed Value $1,300,100

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 2200 Oak Industrial Drive NE?

2200 Oak Industrial Drive NE totals 69,440 square feet.

When was this property built?

2200 Oak Industrial Drive NE was built in 1981.

When was 2200 Oak Industrial Drive NE last sold?

2200 Oak Industrial Drive NE was last sold on 26 Apr, 2012.

What is the property tax for 2200 Oak Industrial Drive NE?

The property tax for 2200 Oak Industrial Drive NE in 2021 was $33,590.

What is the market value for 2200 Oak Industrial Drive NE?

The market value for 2200 Oak Industrial Drive NE in 2021 was $1,300,100.

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