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5055 36th Street SE

Off-Market

5055 36th Street SE, Grand Rapids, MI 49512

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  • Property Type Industrial - Manufacturing
  • Property Size 86,383 SF
  • Lot Size 9.42 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1971

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 Date 12 Jun, 1997
  • 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 (SF)
View more Grand Rapids market trends

Tax

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

Frequently Asked Questions

What is the total square footage of 5055 36th Street SE?

5055 36th Street SE totals 86,383 square feet.

When was this property built?

5055 36th Street SE was built in 1971.

When was 5055 36th Street SE last sold?

5055 36th Street SE was last sold on 12 Jun, 1997.

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.