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3366 Kraft Avenue SE

Off-Market

3366 Kraft Avenue SE, Grand Rapids, MI 49512

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 200,000 Sqft
  • Lot Size 13.01 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1987

Location

  • City Grand Rapids, MI
  • Neighborhood Forest Hills
  • Zip Code 49512
  • Market Grand Rapids

Contacts

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Owner

  • True Owner

Brokers

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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.

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

Tax

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Frequently Asked Questions

What is the total square footage of 3366 Kraft Avenue SE?

3366 Kraft Avenue SE totals 200,000 square feet.

When was this property built?

3366 Kraft Avenue SE was built in 1987.

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