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1195 Wilson Ave NW 12,578 SF 66% Leased Office Building Grand Rapids, MI 49534 $1,886,700 ($150/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Owner-Occupant Opportunity: Ideal For a Medical Practice to Take Over a Recently Renovated 6,000 SF Specialty Medical Suite
- Prime Corner Location: Excellent Visibility at Wilson Ave NW and Leonard St NW
- Nearby Amenities: Only 1 Mile North of Meijer and a Busy Retail Corridor (Starbucks, Panera, Etc.)
- Priced Below Replacement Cost For Excellent Value
- Generous Parking: Large 63-Car Lot with Circular Patient Drop-Off and Covered Entry
EXECUTIVE SUMMARY
This property offers both building and monument signage. 1195 Wilson Ave NW is a Class A, well-maintained medical office building that was built in 2009, located on a prime corner of Wilson Ave and Leonard St NW. This location is highly visible with easy access, clear signage and large 63-car parking lot with circular patient drop-off area and covered entry. The building is surrounded by multiple service-related businesses and close to numerous retail amenities.
PROPERTY FACTS
AMENITIES
- Signage
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Center For Physical Rehab
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- Triple Net
- May 2026
A local podiatry company that was founded in 1999 and based in Big Rapids, MI.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Center For Physical Rehab | Health Care and Social Assistance | - | - | - | - | |
|
|
Health Care and Social Assistance | - | - | Triple Net | May 2026 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The vacant suite is on the lower level, complete with its own front door. The space is currently in white box condition; the Landlord is willing to contribute to the tenant improvements.
- 1st Fl-Ste 103
- 1,200 SF
- Office
- -
- Now
Beautiful fully-built Class "A" medical office suite with a very large attractive sky-lit waiting room, 9 Exam Rooms, X-ray, Lab, nursing station, 3 private restrooms, 2 Manager/Doctor's offices and generous hallways. The property also offers building signage which is available for purchase.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 3,058 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 103 | 1,200 SF | Office | - | Now |
| 2nd Fl-Ste 200 | 6,000 SF | Office | Full Build-Out | Jan 2026 |
1st Fl-Ste 100
| Size |
| 3,058 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 103
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1st Fl-Ste 100
| Size | 3,058 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The vacant suite is on the lower level, complete with its own front door. The space is currently in white box condition; the Landlord is willing to contribute to the tenant improvements.
2nd Fl-Ste 200
| Size | 6,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
Beautiful fully-built Class "A" medical office suite with a very large attractive sky-lit waiting room, 9 Exam Rooms, X-ray, Lab, nursing station, 3 private restrooms, 2 Manager/Doctor's offices and generous hallways. The property also offers building signage which is available for purchase.
PROPERTY TAXES
| Parcel Number | 41-13-19-126-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $927,400 |
PROPERTY TAXES
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1195 Wilson Ave NW
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