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River Ridge Office Park 318 River Ridge Dr 31,000 SF 67% Leased Office Building Grand Rapids, MI 49544 $8,239,828 CAD ($265.80 CAD/SF)
Investment Highlights
- Very accessible to the Alpine and I-96 Interchange
Executive Summary
This office building is very accessible to the Alpine and I-96 interchange. It is in a private setting located behind the Alpine shopping corridor. The building has 3 stories with approximately 10,000 sq ft per floor. The Garden Level is leased to Trinity Health, the Main Floor is leased to Centria Healthcare, leaving the upper floor for a new Tenant/Owner. The upper floor is a mix of open space, private offices, classroom, breakroom. There is room to expand the building on site or to add a second building adjacent to the existing building. The existing parking lot is large enough to support two buildings.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
31,000 SF
Building Class
B
Year Built
2000
Price
$8,239,828 CAD
Price Per SF
$265.80 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,333 SF
Slab To Slab
9’
Building FAR
0.06
Lot Size
11.03 AC
Zoning
CPUD - Commercial Planned Unit Development
Parking
440 Spaces (13.58 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 10,247 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 10,247 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 10,247 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $2,636,461 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,636,461 CAD
Contacts
-
Kurt Kunst -
Mary Anne Wisinski-Rosely -
Jason Makowski -
NAI Wisinski of West Michigan
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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River Ridge Office Park | 318 River Ridge Dr
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