• 3264 North Evergreen Drive NE
  • 3264 North Evergreen Drive NE
  • 3264 North Evergreen Drive NE

3264 North Evergreen Drive NE

Off-Market

3264 North Evergreen Drive NE, Grand Rapids, MI 49525

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

  • Property Type Office - Medical Office
  • Property Size 26,787 SF
  • Lot Size 2.4 Acre
  • Parking Spaces Avail. 123
  • Parking Ratio 4.60 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2003

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • 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 ®

    17/100 Car-Dependent

  • Bike Score ®

    19/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Grand Rapids
  • Zip Code 49525
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    6.16 miles

  • Marathon

    0.37 miles

  • Meijer Gas Station

    1.52 miles

  • Speedway

    1.89 miles

  • Citgo

    2.11 miles

  • Meijer

    2.33 miles

  • Speedway

    2.41 miles

  • BP

    2.42 miles

  • BP

    2.64 miles

  • Exxon

    2.99 miles

  • Shell

    3.06 miles

  • MDOT Park & Ride - Kentwood

    3.25 miles

  • Bukowski Lot

    4.48 miles

  • Woodward Lot

    4.49 miles

  • Mayfield Lot

    4.52 miles

  • Plymouth Lot

    4.60 miles

  • East Albertus Lot

    4.65 miles

  • Eastown Hub Parking Lot

    4.94 miles

  • Congress Elementary Parking Lot

    4.98 miles

  • Hyser Marsh Wildlife Observation Area Pakring

    4.99 miles

  • Ethel Parking Lot

    4.99 miles

  • Lazy T Motel

    2.36 miles

  • Plainfield Motel

    2.38 miles

  • Motel 6 Grand Rapids Northeast

    2.50 miles

  • Country Inn & Suites

    3.32 miles

  • Comfort Suites Grand Rapids North

    4.22 miles

  • Holiday Inn Express & Suites Grand Rapids-North

    4.71 miles

  • SpringHill Suites

    4.73 miles

  • Hampton Inn Grand Rapids-North

    4.75 miles

  • Hampton Inn & Suites Grand Rapids Downtown

    4.80 miles

  • Americas Best Value Inn & Suites-Walker/Grand Rapids North

    5.16 miles

  • Buffalo Wild Wings

    1.30 miles

  • Potbelly Sandwich Shop

    1.32 miles

  • Panera Bread

    1.33 miles

  • Kitchen 67

    1.67 miles

  • Wendy's

    1.67 miles

  • Golden Wok

    1.67 miles

  • Thai Chef

    1.70 miles

  • El Burrito Loco

    1.73 miles

  • Spoonlickers

    1.74 miles

  • Zesty Gyros

    1.74 miles

  • Kuyper College

    0.47 miles

  • Orchard View Elementary School

    0.75 miles

  • Northview Next Career Center

    0.95 miles

  • Knapp Forest Elementary School

    1.44 miles

  • East Oakview Elementary School

    1.68 miles

  • Kent Intermediate School District

    1.83 miles

  • Central Michigan University Grand Rapids Center

    1.86 miles

  • Knapp Charter Academy

    1.90 miles

  • Forest Hills Northern

    1.97 miles

  • Highlands Middle School

    2.07 miles

  • Kenowa Hills Early Childhood Center

    9.19 miles

Frequently Asked Questions

What is the total square footage of 3264 North Evergreen Drive NE?

3264 North Evergreen Drive NE totals 26,787 square feet.

When was this property built?

3264 North Evergreen Drive NE was built in 2003.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.