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Kellogg Square 5370-5390 S Division Ave 1,118 - 6,720 SF of Space Available in Grand Rapids, MI 49548
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5394 | 1,118 SF | 2-10 Years | $15.00 /SF/YR $1.25 /SF/MO $16,770 /YR $1,398 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5395 | 3,360 SF | 2-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5396 | 2,242 SF | 2-10 Years | $18.50 /SF/YR $1.54 /SF/MO $41,477 /YR $3,456 /MO | TBD |
5370-5392 Division Ave S - 1st Floor - Ste 5394
From world-renowned art and golf, recreation and beaches, to a plethora of restaurants and breweries, Grand Rapids is a booming Midwest haven that truly has something to offer everyone. Our team of experts has years of navigating this exhilarating community and excels at offering creative, full-services solutions to help our clients find success in commercial brokerage and property management.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Ample parking
5370-5392 Division Ave S - 1st Floor - Ste 5395
From world-renowned art and golf, recreation and beaches, to a plethora of restaurants and breweries, Grand Rapids is a booming Midwest haven that truly has something to offer everyone. Our team of experts has years of navigating this exhilarating community and excels at offering creative, full-services solutions to help our clients find success in commercial brokerage and property management.
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Great location
5370-5392 Division Ave S - 1st Floor - Ste 5396
From world-renowned art and golf, recreation and beaches, to a plethora of restaurants and breweries, Grand Rapids is a booming Midwest haven that truly has something to offer everyone. Our team of experts has years of navigating this exhilarating community and excels at offering creative, full-services solutions to help our clients find success in commercial brokerage and property management.
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Great location
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.
PROPERTY FACTS
ABOUT THE PROPERTY
-Built in 1995, Renovated in 2021 -High quality glass and stone facade -Attractive building & pylon signage options -Hard corner with great accessibility via 2 curb cuts from S. Division and 54th St. SW. -Located on vibrant retail corner near Walmart, Home Depot, Target, Meijer, Menards and many other national retailers -Division Ave. S traffic: 20,758 cars/day -54th St. SW traffic: 28,565 cars/day -CAM budgeted at $4/SF/yr
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Kellogg Square | 5370-5390 S Division Ave
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