3501 Lake Eastbrook Blvd SE

Off-Market

3501 Lake Eastbrook Blvd SE, 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 39,571 SF
  • Lot Size 3.05 Acre
  • Parking Spaces Avail. 122
  • Parking Ratio 3.10 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1972

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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Documents

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Sales

  • Purchase Date 10 Sep, 2020
  • 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.

  • 2022 Avg. Asking Rent $23.00
  • 2022 Office Vacancy Rate 15.06%
  • 2022 Office Completions (SF) 331,938
View more Grand Rapids market trends

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Ridgemoor
  • Zip Code 49546
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    5.31 miles

  • Marathon

    0.20 miles

  • Shell

    0.23 miles

  • Shell

    0.70 miles

  • Speedway

    0.77 miles

  • Sam's Club

    1.04 miles

  • BP

    1.43 miles

  • Shell

    1.47 miles

  • Mobil

    1.56 miles

  • Pacific Pride

    1.61 miles

  • D&W Quick Stop

    1.67 miles

  • Lake Michigan Academy's Parking

    1.45 miles

  • bus parking

    3.20 miles

  • Gerald R. Ford Airport Cell Phone Lot

    3.29 miles

  • Woodward Lot

    3.58 miles

  • School Bus Parking

    3.58 miles

  • Plymouth Lot

    3.59 miles

  • East Albertus Lot

    3.63 miles

  • Ethel Parking Lot

    3.63 miles

  • MDOT Park & Ride - Kentwood

    3.69 miles

  • Eastown Hub Parking Lot

    3.69 miles

  • Ramada Plaza

    0.43 miles

  • Knights Inn Grand Rapids East

    0.49 miles

  • Fairfield Inn & Suites Grand Rapids

    0.64 miles

  • Extended Stay America - Grand Rapids - Kentwood

    0.69 miles

  • Staybridge Suites

    0.77 miles

  • Holiday Inn

    0.80 miles

  • Comfort Inn Airport

    0.91 miles

  • Sleep Inn & Suites

    1.14 miles

  • Residence Inn

    1.26 miles

  • Wyndham Garden Grand Rapids Airport

    1.28 miles

  • Culver's

    0.15 miles

  • Anna's House

    0.21 miles

  • Ucellos's

    0.27 miles

  • Smashburger

    0.30 miles

  • Arnie's

    0.31 miles

  • Krispy Kreme

    0.36 miles

  • TGI Friday's

    0.36 miles

  • On The Border

    0.38 miles

  • Chick-fil-A

    0.38 miles

  • Chuck E. Cheese's

    0.39 miles

  • Calvin Theological Seminary

    0.72 miles

  • Calvin University

    0.94 miles

  • Martin Luther School

    1.06 miles

  • Breton Downs Elementary School

    1.74 miles

  • Alexander Hamilton School

    1.74 miles

  • Woodcliff School

    1.79 miles

  • Shawnee Park School

    1.89 miles

  • Martin School

    2.10 miles

  • Grand Rapids Christian High School

    2.12 miles

  • Lakeside Elementary School

    2.25 miles

  • Kelloggsville Early Childhood Learning Center

    5.96 miles

  • Adventures Learning Center

    7.93 miles

  • Milestones Child Development Center

    8.12 miles

  • Kids R Angels Childcare Center

    9.79 miles

Frequently Asked Questions

What is the total square footage of 3501 Lake Eastbrook Blvd SE?

3501 Lake Eastbrook Blvd SE totals 39,571 square feet.

When was this property built?

3501 Lake Eastbrook Blvd SE was built in 1972.

When was 3501 Lake Eastbrook Blvd SE last sold?

3501 Lake Eastbrook Blvd SE was last sold on 10 Sep, 2020.

What is the property tax for 3501 Lake Eastbrook Blvd SE?

The property tax for 3501 Lake Eastbrook Blvd SE in 2023 was $142,913.

What is the market value for 3501 Lake Eastbrook Blvd SE?

The market value* for 3501 Lake Eastbrook Blvd SE in 2023 was $5,545,729.

*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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