15,128 SF Multi-Tenant Industrial
728 McKendrick St SW Grand Rapids, MI 49503

Overview
Recently renovated multi-tenant industrial building for sale. This 15,464 SF building features ample on-site parking and outdoor equipment storage, 4 drive in doors, 1 loading dock door, 18-20’ ceiling heights and incredible access to the US- 131 & Burton Street interchange. In the past year ownership has undertaken a number of improvements and updates making the building more functional and desirable for a multitude of users. Building is currently 100% occupied by three tenants. With a weighted average lease term of just under three years and modified gross rents of approximately $7.27/SF, there is NOI in the coming years. Estimated annual expenses for 2024 are $35,260.
Lease Spaces
| Name | Rate | SF |
|---|---|---|
| Suite 1 | $7.25 /SF/Year | 5,128 SF |
DAR Commercial Real Estate
Vice President, Real Estate Brokerage
For Sale/Lease
Secondary Uses: Warehouse/Office
- Lease Rate
- $7.25 SF/year
- Available SF
- 5,128 SF
- Sale Price
- $1,295,000
- Price Per SF
- $85.6/SF
- Building Size
- 15,128 SF
- Office SF
- 1,128 SF
- Warehouse SF
- 14,000 SF
- Acres
- 0.87 ac
- Zoning
- SD-IT
- Lease Type
- NNN
- Expenses
- $2.20 /SF
- Number of Buildings
- 1
- Floors
- 2
- Year Built
- 1929
- Year Renovated
- 2023
- Construction Siding
- Brick
- Construction Type
- Masonry
- Submarket
- S 131 Corridor
- Nearest MSA
- Grand Rapids-Kentwood
- Property Status
- Existing
- Dock Number
- 1
- Drive-In Number
- 4
- Ceiling Height
- 18' - 20'
- Clear Height
- 18' - 20'
- Power
- 480 V @ 200 A, 3 Phase
- County
- Kent
- Created
- 2024-10-30
- Updated
- 2025-10-21
- Listing ID
- e19b3e0e
- Parcel APN
- 411701355010




