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Mercy Health Physician Partners - East Beltline

Off-Market

1471 East Beltline Avenue NE, Grand Rapids, MI 49525

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  • Property Type Office - Medical Office
  • Property Size 33,000 SF
  • Lot Size 3.07 Acre
  • Parking Spaces Avail. 111
  • Parking Ratio 3.39 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2007

Location

  • Walk Score ® Car-Dependent (43)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Northeast Grand Rapids
  • Zip Code 49525
  • Market Grand Rapids

Points of Interest

Grand Rapids

4.69 miles

Shell

2.54 miles

Shell

3.05 miles

Speedway

5.18 miles

BP

5.33 miles

ChargePoint

5.90 miles

Grand Rapids Supercharger

5.98 miles

Walker, MI Supercharger

6.98 miles

J&H Family Stores

7.06 miles

Admiral

7.29 miles

Pacific Pride

8.19 miles

Plymouth Lot

2.72 miles

Eastown Hub Parking Lot

3.10 miles

Ethel Parking Lot

3.15 miles

Ramp 8

3.84 miles

School Bus Parking

4.78 miles

Grand Valley State University Pew Campus Parking

4.85 miles

Overflow Parking

5.82 miles

Lot Two

5.87 miles

Cascade Peace Park Entrance Parking

8.51 miles

The Rapid Silverline Park & Ride

9.93 miles

Country Inn & Suites

1.29 miles

Motel 6 Grand Rapids Northeast

3.15 miles

Lazy T Motel

3.17 miles

Plainfield Motel

3.49 miles

The Brauhaus Inn

4.31 miles

Residence Inn Marriott

4.34 miles

Amway Grand Plaza

4.38 miles

JW Marriott Grand Rapids

4.45 miles

Canopy by Hilton

4.46 miles

Americas Best Value Inn & Suites-Walker/Grand Rapids North

5.18 miles

Yesterdog

3.11 miles

Taco Bell

3.13 miles

McDonald's

3.41 miles

Donkey Taqueria

3.82 miles

One Trick Pony

4.13 miles

Real Seafood Co

4.29 miles

Global Street Food - Roam

4.31 miles

KFC

5.09 miles

Fazoli's

5.14 miles

Pizza Hut

5.22 miles

Central Michigan University Grand Rapids Center

0.19 miles

Puritan Reformed Theological Seminary

0.36 miles

Cornerstone University

0.56 miles

Aquinas College

2.65 miles

Empire Beauty School

3.29 miles

Calvin University

3.97 miles

Grand Rapids Community College

4.02 miles

Morris School

4.20 miles

Secchia Center, MSU

4.21 miles

MSU Biomedical Research Center

4.22 miles

Kelloggsville Early Childhood Learning Center

8.70 miles

Kenowa Hills Early Childhood Center

8.88 miles

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 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.

  • 2021 Avg. Asking Rent $21.65
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 329,230

Grand Rapids Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $163.26
  • Y-o-Y Avg. PpSF Change -17.52%
  • 2021 Office Sales Volume $31.7M
  • 2021 Number of Transactions 3
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 Mercy Health Physician Partners - East Beltline?

Mercy Health Physician Partners - East Beltline totals 33,000 square feet.

When was this property built?

Mercy Health Physician Partners - East Beltline was built in 2007.

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