• 5211 Cascade Road SE
  • 5211 Cascade Road SE
  • +2 images 5211 Cascade Road SE
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5211 Cascade Road SE

Off-Market

5211 Cascade Road 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 45,784 SF
  • Lot Size 6.4 Acre
  • Parking Spaces Avail. 128
  • Parking Ratio 2.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1997

Location

  • City Grand Rapids, MI
  • Neighborhood Forest Hills
  • Zip Code 49546
  • Market Grand Rapids

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 Date 02 Dec, 1997
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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 (SF)
View more Grand Rapids market trends

Tax

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Frequently Asked Questions

What is the total square footage of 5211 Cascade Road SE?

5211 Cascade Road SE totals 45,784 square feet.

When was this property built?

5211 Cascade Road SE was built in 1997.

When was 5211 Cascade Road SE last sold?

5211 Cascade Road SE was last sold on 02 Dec, 1997.

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