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7458 Expressway Drive SW

Off-Market

7458 Expressway Drive SW, Grand Rapids, MI 49548

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 207,200 SF
  • Lot Size 10.69 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1990

Location

  • City Grand Rapids, MI
  • Neighborhood Cutlerville
  • Zip Code 49548
  • Market Grand Rapids

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 18 May, 2017
  • 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 7458 Expressway Drive SW?

7458 Expressway Drive SW totals 207,200 square feet.

When was this property built?

7458 Expressway Drive SW was built in 1990.

When was 7458 Expressway Drive SW last sold?

7458 Expressway Drive SW was last sold on 18 May, 2017.

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.