For Sale
$3,992,250

3205 Eagle Crest Dr Grand Rapids, MI 49525

Prime East Beltline location, 31,938 SF, 80% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional two-story, Class B office building, situated on a 5.71-acre lot at 3205 Eaglecrest Dr NE in Grand Rapids, Michigan, presents a compelling investment opportunity. Built in 1995, the 31,938 square foot property boasts 9-foot ceilings and is currently 80% occupied by a diverse tenant mix including The Motorcycle Co LLC, Riverbank Finance LLC, and Brooksource. The asking price is $3,992,250, translating to $125 per square foot. The property is offered for sale by owner and features a modified lease structure where tenants are responsible for suite electric, janitorial services, and increases in operating expenses beyond the base year. Tenant use and credit are subject to landlord approval. The building is conveniently located on the East Beltline near I-96, providing excellent access to major transportation routes. This multi-tenant property offers a strong potential for future income growth and presents a rare opportunity to acquire a well-located, established office building in a thriving market. The property consists of one building with a total of two stories.

Highlights

  • $3,992,250 asking price for this 31,938 square foot office building.
  • Located at 3205 Eaglecrest Dr NE, Grand Rapids, MI 49525.
  • Class B, multi-tenant office building with 80% occupancy.
  • Features 9-foot ceilings.
  • Built in 1995, this two-story building sits on a 5.71-acre lot.
  • Tenants include The Motorcycle Co LLC, Riverbank Finance LLC, and Brooksource.

Property Details for 3205 Eagle Crest Dr

Property type
Office properties
Square Feet
31,938 SF
Class
B
Year Built
1995
Buildings
1
Stories
2
Lot Size (sq. ft)
248,728 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.989894233398
Longitude
-85.589048606092
3205 Eagle Crest Dr, Grand Rapids, Michigan

FAQs

What type of property is this?
Office property - Prime East Beltline location, 31,938 SF, 80% occupied.
Where is the office property located?
The property is located at 3205 Eagle Crest Dr Grand Rapids, MI.
What is the asking price?
The asking price for this property is $3,992,250.
What are key features of this property?
This property features: $3,992,250 asking price for this 31,938 square foot office building.; Located at 3205 Eaglecrest Dr NE, Grand Rapids, MI 49525.; Class B, multi-tenant office building with 80% occupancy.
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3205 Eagle Crest Dr
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