318 River Ridge Dr - Medical FOR SALE


Grand Rapids, MI 49544- North Grand Rapids
$5,800,000 USD
616-292-1720
318 River Ridge Dr, Grand Rapids, MI for Sale
$5,800,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

318 River Ridge Dr
Grand Rapids, MI 49544
North Grand Rapids


HIGHLIGHTS

  • Very accessible to the Alpine and I-96 Interchange

OVERVIEW

This office building is very accessible to the Alpine and I-96 interchange. It is in a private setting located behind the Alpine shopping corridor. The building has 3 stories with approximately 10,000 sq ft per floor. The Garden Level is leased to Trinity Health, the Main Floor is leased to Centria Healthcare, leaving the upper floor for a new Tenant/Owner. The upper floor is a mix of open space, private offices, classroom, breakroom. There is room to expand the building on site or to add a second building adjacent to the existing building. The existing parking lot is large enough to support two buildings.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Ridge Office Park

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

440

LAND DETAILS

LAND ACRES

11.03 AC

LAND SF

480,467 SF

ZONING

CPUD

APN/PARCEL ID

41-13-01-402-009,41-13-01-402-016

ASK ABOUT THIS PROPERTY

Kurt KunstNAI Wisinski of West MichiganMore Info
616-292-1720

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Kurt KunstNAI Wisinski of West MichiganMore Info
616-292-1720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.