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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
- Reception
- Storage Space
- Central Heating
- Monument Signage
- Air Conditioning
- Smoke Detector
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
- Build-Out
- Available
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.
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
| Space | Size | Space Use | Build-Out | Available |
| Ste 200 | 6,000 SF | Office | Full Build-Out | 60 Days |
| 1st Fl-Ste 100 | 3,058 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 103 | 1,200 SF | Office | - | Now |
Ste 200
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 60 Days |
1st Fl-Ste 100
| Size |
| 3,058 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 103
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
Ste 200
| Size | 6,000 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 60 Days |
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.
1st Fl-Ste 100
| Size | 3,058 SF |
| Space Use | Office |
| Build-Out | 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.
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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