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Downtown Market 435 Ionia Ave SW 9,815 SF of Office Space Available in Grand Rapids, MI 49503
Highlights
- Third floor premium office space with contemporary build-out.
- Floor-to-ceiling windows.
- Private Wellness Room, ensuite restrooms, large pantry area, resource divider walls.
- First floor lobby entrance dedicated to commercial office tenants.
- Card access security system at both entrances/exits.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor | 9,815 SF | 7-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3rd Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 25 - 79 People
- 6 Private Offices
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Downtown Market
- Tenant
- Description
- US Locations
- Reach
- Carvers
- Restaurant
- 1
- Local
- Corewell Health
- Health Care
- 334
- Local
- Fish Lads
- Fast-food
- 1
- Local
- Grand Rapids Downtown Market
- Real Estate
- 1
- Local
- Juju Bird
- Restaurant
- 1
- -
- Love's Ice Cream
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Carvers | Restaurant | 1 | Local |
| Corewell Health | Health Care | 334 | Local |
| Fish Lads | Fast-food | 1 | Local |
| Grand Rapids Downtown Market | Real Estate | 1 | Local |
| Juju Bird | Restaurant | 1 | - |
| Love's Ice Cream | Restaurant | 1 | Local |
Property Facts
| Total Space Available | 9,815 SF | Gross Leasable Area | 106,870 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Freestanding | Parking Ratio | 1.93/1,000 SF |
| Total Space Available | 9,815 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 106,870 SF |
| Year Built | 2013 |
| Parking Ratio | 1.93/1,000 SF |
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
About the Property
Position your business at the center of one of Grand Rapids’ most vibrant community destinations. Located on the third floor of the Grand Rapids Downtown Market, this premium office suite offers 9,815 rentable square feet of modern, thoughtfully designed workspace in the heart of downtown. Available now for sublease, this fully furnished turnkey office combines contemporary design with the energy and creativity that define the Downtown Market experience. Floor-to-ceiling windows fill the space with natural light while showcasing views of the downtown skyline and the Market’s signature live roofs. Industrial-style open ceilings, bright overhead lighting, and a flexible floor plan create an environment that feels both polished and inspiring. Designed with collaboration and productivity in mind, the layout features a seamless blend of open-concept work areas, collaborative workstations, private focus rooms, and gathering spaces that support a variety of work styles and team dynamics. The overall flow of the space encourages both employee connectivity and individual focus, allowing teams to work comfortably and efficiently throughout the day. Commercial office tenants benefit from secure card-access entry at all entrances and exits, a dedicated first-floor lobby entrance, elevator and stairwell access, dedicated utility metering, and directory signage opportunities. Located at 109 Logan Street SW, Suite 300, this office places your team steps away from locally owned restaurants, specialty food merchants, community events, and the vibrant atmosphere that makes the Downtown Market a true hub of connection, culture, and innovation in Grand Rapids. For leasing inquiries: 616-805-5308 info@downtownmarketgr.com
- Bus Line
Nearby Major Retailers
Presented by
Grand Rapids Downtown Market
Downtown Market | 435 Ionia Ave SW
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