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3205 Eagle Crest Dr Ne
Grand Rapids, MI 49525
 Office Property For Sale

Office Spaces Michigan Grand Rapids 3205 Eagle Crest Dr Ne, Grand Rapids, MI 49525

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INVESTMENT HIGHLIGHTS

  • Professional landscaping
  • Many scenic ponds and walking trails
  • 175 parking spaces
  • Attractive two-story property with excellent multi-tenant design

EXECUTIVE SUMMARY

Sale Price $3,593,025
Sale Price/SF $112.50
Pro-Forma NOI $288,000
Cap Rate 7.78%

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
31,600 SF
Building Class
B
Year Built
1997
Price
$3,593,025
Price Per SF
$113.70
Cap Rate
7.78%
NOI
$279,458
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,800 SF
Slab To Slab
10’
Building FAR
0.13
Lot Size
5.71 AC
Zoning
PUD-2 - Planned Unit DIstrict
Parking
170 Spaces (5.38 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Signage
  • Air Conditioning

PROPERTY TAXES

Parcel Number 41-14-14-301-042 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,122,400

PROPERTY TAXES

Parcel Number
41-14-14-301-042
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,122,400
 

  • Listing ID: 30737638

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 3205 Eagle Crest Dr Ne, Grand Rapids, MI 49525

More public record information on 3205 Eagle Crest Dr Ne, Grand Rapids, MI 49525

The North Grand Rapids Office Property at 3205 Eagle Crest Dr Ne, Grand Rapids, MI 49525 is currently available. Contact Colliers for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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