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700 & 734 S Waverly Rd 84,597 SF Vacant Office Building Holland, MI 49423 $10,483,661 CAD ($123.92 CAD/SF)


Investment Highlights
- In Grand Rapids MSA, Ranked #1 City on the Rise in 2025!. MI has highest concentration of Engineers and Industrial Designers in the US.
- Prior Corporate HQ with a stunning three-story glass atrium lobby, auditorium, commercial kitchen, executive offices, and adaptable floor plates.
- Capital upgrades include a new 225-ton air-cooled chiller (2024), full-building backup generator (2014), and new roof (2015, warranty to 5/15/2030)
- MI offers Great Economic Incentives: Recurring Property Tax Credits, Grants, Loans and Job Training Programs for Qualified Firms
- Potential Uses include Hi-Tech, Life Sciences, R&D, Medical, Education or Mixed-Use Housing. City is open to rezoning to Commercial.
- Strategically located near I-196 and Highway 31, in the dynamic Grand Rapids MSA - West Michigan region, and just one hour from Lansing.
Executive Summary
The offer includes an additional 1-acre parcel at 734 South Waverly Road and 300 parking spaces, creating a scalable platform for corporate headquarters, educational institutions, life science operations, or high-tech mixed-use development. Zoned for industrial, R&D, and advanced technology applications, and with municipal support for rezoning to commercial use consistent with adjacent properties, this campus delivers exceptional versatility and long-term growth potential in a market known for business-friendly infrastructure and economic stability.
Designed as a former corporate headquarters, the asset features an impressive three-story atrium lobby with floor-to-ceiling windows and skylights, a large auditorium-style town hall, commercial-grade kitchen and cafeteria facilities, executive offices with private restrooms, underground executive parking, and an IT server room with raised flooring. Expansive, flexible floor plates support diverse uses including corporate headquarters operations, research and development, medical or life science functions, educational programming, and government facilities. Recent capital improvements enhance operational efficiency and asset quality, including a brand-new 225-ton air-cooled chiller installed in 2024, a roof replacement with a 15-year warranty completed in 2015, and a building-wide backup generator installed in 2014, ensuring infrastructure reliability and operational continuity.
Strategically located in Holland’s dynamic innovation district, the property offers immediate access to Interstate 196 and Highway 31, providing seamless connectivity to regional markets, including Grand Rapids, and is within one hour of Lansing. Business travelers benefit from being close to West Michigan Regional Airport, just 4.1 miles away, as well as Gerald R. Ford International Airport (34 miles). The surrounding area hosts a robust ecosystem of advanced manufacturing and technology leaders, including LG Energy Solution, Haworth, GHSP, Herman Miller, and JR Automation, positioning tenants within a globally competitive business network. Nearby amenities such as Menards, Meijer, Aldi, MVP Athletic Club, and DoubleTree by Hilton enhance the quality of life and operational convenience for employees and visitors.
Holland continues to thrive as a business-friendly community bordering Lake Michigan, offering exceptional recreational amenities and a resilient economic foundation. As part of the greater Grand Rapids metropolitan area, home to more than 1.4 million residents and a diversified industrial base spanning advanced manufacturing, biotechnology, and engineering, the region supports sustained demand for innovative commercial and institutional developments. Companies located in Michigan may access competitive economic incentives, including grants, tax advantages, and workforce development programs designed to accelerate growth and innovation. 700 and 734 South Waverly Road represent a premier opportunity to establish a flagship headquarters or innovation campus in one of Michigan’s most strategically positioned and economically dynamic markets.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Title and Insurance
- Economic Development Incentives
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Pond
- Security System
- Skylights
- Kitchen
- Reception
- Basement
- Central Heating
- Natural Light
- Open-Plan
- Partitioned Offices
- Plug & Play
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 28,199 SF | Office | Full Build-Out | Now |
| 2nd Floor | 28,199 SF | Office | Full Build-Out | Now |
| 3rd Floor | 28,199 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 28,199 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 28,199 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 28,199 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 28,199 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
2nd Floor
| Size | 28,199 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
3rd Floor
| Size | 28,199 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.
Demographics
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Grand King Buffet | Chinese | $ | 11 min walk |
| Jd's Deli & Restaurant | - | - | 11 min walk |
| Bob Evans | - | - | 14 min walk |
| Shanghai Grill & Bar | Grill | $$$ | 14 min walk |
Retail |
||
|---|---|---|
| Dollar Tree | Dollar/Variety/Thrift | 13 min walk |
| Save-A-Lot | Discount Grocer | 13 min walk |
| ALDI | Supermarket | 14 min walk |
| Goodrich Quality Theaters | Cinema | 16 min walk |
Hotels |
|
|---|---|
| Baymont |
61 rooms
3 min drive
|
| DoubleTree by Hilton |
168 rooms
3 min drive
|
| AmericInn |
69 rooms
3 min drive
|
| Days Inn |
60 rooms
4 min drive
|
| Residence Inn |
108 rooms
4 min drive
|
| Homewood Suites by Hilton |
123 rooms
4 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $4,831,031 CAD |
Property Taxes
Sale Advisors
Sale Advisors
Dawn Dyer,
President/CEO
While she is based in Ventura County, Dawn has four decades of brokerage experience throughout Southern and Central California, and nationwide. She is detail oriented, a strong communicator, and passionate about the value of real estate as a foundation for financial security and building community.
Ms. Dyer’s experience includes analyzing and marketing multi-family properties, NNN leased properties, land for development, and other real estate investment opportunities. Under her direction, Dyer Sheehan Group, Inc. conducts real estate market research that is published in the University of California Santa Barbara - Economic Forecast Project’s annual Economic Outlook publications, and other Economic Outlook publications.
Ms. Dyer provides expert witness testimony on real estate issues and has been a guest speaker on real estate investment and development topics. She provides land use consulting and development services to a wide range of clients including: private property and business owners, investors, local and national homebuilders, schools, universities, cities and other public agencies.
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700 & 734 S Waverly Rd
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