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Helen DeVos Children's Hospital Outpatient Center

Off-Market

35 Michigan Street NE, Grand Rapids, MI 49503

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  • Property Type Office - Medical Office
  • Property Size 200,000 SF
  • Lot Size 0.63 Acre
  • Property Tenancy Owner Occupied
  • LEED Certified Silver
  • Building Class A
  • Year Built 2011

Location

  • Walk Score ® Walker's Paradise (92)
  • Transit Score ® Good Transit (61)
  • Bike Score ® Somewhat Bikeable (43)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Belknap Lookout
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

Grand Rapids

1.10 miles

Mobil

0.51 miles

Mobil

0.92 miles

Meijer Express

0.93 miles

Mobil

1.07 miles

Speedway

1.12 miles

Pacific Pride

1.36 miles

Speedway

1.38 miles

Shell

1.38 miles

Shell

1.47 miles

Sunoco

1.55 miles

Ramp 7

0.14 miles

Ramp 8

0.20 miles

Ramp 6

0.21 miles

Staff Parking

0.61 miles

Sneden Hall Parking Ramp

0.62 miles

Area 3

0.68 miles

Area 7

0.70 miles

Museum Parking

0.71 miles

Area 2

0.72 miles

Cherry St. Parking

0.77 miles

Amway Grand Plaza

0.43 miles

City Flats Hotel

0.48 miles

JW Marriott Grand Rapids

0.51 miles

JW Marriott Grand Rapids

0.54 miles

Residence Inn Marriott

0.55 miles

Hampton Inn & Suites Grand Rapids Downtown

0.55 miles

Barri

0.56 miles

Holiday Inn Grand Rapids Downtown

0.67 miles

Canopy by Hilton

0.79 miles

The Brauhaus Inn

1.41 miles

Smashburger

0.07 miles

Qdoba

0.07 miles

Zoup!

0.07 miles

Global Street Food - Roam

0.34 miles

Tupelo Honey

0.36 miles

Real Seafood Co

0.36 miles

McDonald's

0.37 miles

Reserve

0.39 miles

ATO Sushi

0.41 miles

Ruth's Chris Steak House

0.41 miles

Grand Rapids Community College

0.22 miles

Coit Creative Arts Academy

0.24 miles

Secchia Center, MSU

0.24 miles

MSU Biomedical Research Center

0.25 miles

Kendall College of Art and Design

0.34 miles

Grand Rapids Public School

0.53 miles

Grand Rapids Learning Center

0.65 miles

Saint Marys School

0.67 miles

Thomas M. Cooley Law School

0.74 miles

Grand Valley State University Pew Campus

0.78 miles

Kenowa Hills Early Childhood Center

5.50 miles

Kelloggsville Early Childhood Learning Center

6.03 miles

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 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 (SF)
View more Grand Rapids market trends

Tax

  • Property Tax in 2022 $997,959
  • Market Value* $38,624,988
  • Assessed Value $38,624,988

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Helen DeVos Children's Hospital Outpatient Center?

Helen DeVos Children's Hospital Outpatient Center totals 200,000 square feet.

When was this property built?

Helen DeVos Children's Hospital Outpatient Center was built in 2011.

What is the property tax for Helen DeVos Children's Hospital Outpatient Center?

The property tax for Helen DeVos Children's Hospital Outpatient Center in 2022 was $997,959.

What is the market value for Helen DeVos Children's Hospital Outpatient Center?

The market value* for Helen DeVos Children's Hospital Outpatient Center in 2022 was $38,624,988.
*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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