3333 Deposit Drive NE

Off-Market

3333 Deposit Drive NE, Grand Rapids, MI 49546

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

  • Property Type Office - General Office
  • Property Size 59,811 SF
  • Lot Size 3.13 Acre
  • Parking Spaces Avail. 173
  • Parking Ratio 2.90 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2007

Contacts

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Owner

  • True Owner
  • Registered 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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Brokers

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Documents

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Sales

  • 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.

  • 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 ®

    15/100 Car-Dependent
  • Bike Score ®

    22/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Northeast Grand Rapids
  • Zip Code 49546
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    4.32 miles

  • BP

    0.93 miles

  • Meijer Gas Station

    1.83 miles

  • Speedway

    1.84 miles

  • Shell

    1.84 miles

  • Speedway

    2.32 miles

  • Citgo

    2.35 miles

  • Marathon

    2.37 miles

  • Forest Hills Fuel

    2.42 miles

  • Shell

    2.52 miles

  • Speedway

    2.52 miles

  • MDOT Park & Ride - Kentwood

    0.08 miles

  • Woodward Lot

    1.87 miles

  • Plymouth Lot

    2.01 miles

  • Bukowski Lot

    2.07 miles

  • East Albertus Lot

    2.09 miles

  • Mayfield Lot

    2.22 miles

  • Eastown Hub Parking Lot

    2.41 miles

  • Ethel Parking Lot

    2.43 miles

  • Congress Elementary Parking Lot

    2.93 miles

  • Wealthy Market's Parking

    2.96 miles

  • Country Inn & Suites

    0.06 miles

  • Hampton Inn & Suites Grand Rapids Downtown

    3.34 miles

  • The Brauhaus Inn

    3.78 miles

  • Ramada Plaza

    3.95 miles

  • Fairfield Inn & Suites Grand Rapids

    4.03 miles

  • Knights Inn Grand Rapids East

    4.08 miles

  • City Flats Hotel

    4.09 miles

  • Residence Inn Marriott

    4.10 miles

  • Comfort Inn Airport

    4.16 miles

  • Canopy by Hilton

    4.16 miles

  • Fugi Yama

    1.35 miles

  • Spoonlickers

    1.62 miles

  • Zesty Gyros

    1.62 miles

  • El Burrito Loco

    1.65 miles

  • Rose's

    1.67 miles

  • Thai Chef

    1.67 miles

  • Kitchen 67

    1.69 miles

  • Wendy's

    1.70 miles

  • Golden Wok

    1.70 miles

  • Wok & Mortar

    1.81 miles

  • Cornerstone University

    0.86 miles

  • Puritan Reformed Theological Seminary

    1.11 miles

  • NorthPointe Christian Middle/High School

    1.16 miles

  • Northern Trails 5/6 school

    1.21 miles

  • Michigan Oak School

    1.21 miles

  • Forest Hills Northern

    1.45 miles

  • Beckwith School

    1.47 miles

  • Central Michigan University Grand Rapids Center

    1.49 miles

  • Marywood Academy

    1.55 miles

  • Collins School

    1.61 miles

  • Kelloggsville Early Childhood Learning Center

    7.74 miles

  • Kenowa Hills Early Childhood Center

    9.22 miles

Frequently Asked Questions

What is the total square footage of 3333 Deposit Drive NE?

3333 Deposit Drive NE totals 59,811 square feet.

When was this property built?

3333 Deposit Drive NE was built in 2007.

What is the property tax for 3333 Deposit Drive NE?

The property tax for 3333 Deposit Drive NE in 2022 was $558,100.

What is the market value for 3333 Deposit Drive NE?

The market value* for 3333 Deposit Drive NE in 2022 was $21,741,021.
*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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