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Peck Building 40-50 Monroe Center St NW
439 - 8,756 SF of Space Available in Grand Rapids, MI 49503
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 105 | 2,440 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $5,083 /MO $61,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 105B | 1,755 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $3,656 /MO $43,875 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 200 | 4,122 SF | Negotiable | $16.40 /SF/YR $1.37 /SF/MO $176.53 /m²/YR $14.71 /m²/MO $5,633 /MO $67,601 /YR | Modified Gross | ||
| 2nd Floor, Ste 201 | 439 SF | Negotiable | $16.40 /SF/YR $1.37 /SF/MO $176.53 /m²/YR $14.71 /m²/MO $599.97 /MO $7,200 /YR | Modified Gross |
1st Floor, Ste 105
The historic Peck Building is located in the heart of the Central Business District and within walking distance to several amenities one would expect from a CBD location! Join multiple restaurants, bars/breweries, entertainment venues, shopping, and more are all within close proximity. Both suites have been beautifully remodeled with ingress/egress on both Monroe Center Ave. and Division Ave. Attached kitchen with venting can become a part of either suite option.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 105B
The historic Peck Building is located in the heart of the Central Business District and within walking distance to several amenities one would expect from a CBD location! Join multiple restaurants, bars/breweries, entertainment venues, shopping, and more are all within close proximity. Both suites have been beautifully remodeled with ingress/egress on both Monroe Center Ave. and Division Ave. Attached kitchen with venting can become a part of either suite option.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
2nd Floor, Ste 200
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
2nd Floor, Ste 201
The historic Peck Building is located in the heart of the Central Business District and within walking distance to several amenities one would expect from a CBD location! Join multiple restaurants, bars/breweries, entertainment venues, shopping, and more are all within close proximity. Both suites have been beautifully remodeled with ingress/egress on both Monroe Center Ave. and Division Ave. Attached kitchen with venting can become a part of either suite option.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
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 Peck Building
- Tenant
- Description
- US Locations
- Reach
- Angina's Boutique
- Ladies' Apparel
- 1
- Local
- Bravo LT
- -
- 1
- -
- Essntls Lab
- -
- 1
- -
- Grand Rapids Drive
- Other Services
- 1
- Local
- Rodolfo Gonzales Interior Design
- Furniture/Mattress
- 1
- Local
- Seyferth PR
- Other Services
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Angina's Boutique | Ladies' Apparel | 1 | Local |
| Bravo LT | - | 1 | - |
| Essntls Lab | - | 1 | - |
| Grand Rapids Drive | Other Services | 1 | Local |
| Rodolfo Gonzales Interior Design | Furniture/Mattress | 1 | Local |
| Seyferth PR | Other Services | 1 | Local |
PROPERTY FACTS FOR 40-50 Monroe Center St NW , Grand Rapids, MI 49503
| Property Type | Retail | Year Built | 1890 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Division |
| Gross Leasable Area | 37,583 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 37,583 SF |
| Year Built | 1890 |
| Cross Streets | Division |
About the Property
The historic Peck Building is located in the heart of the Central Business District and within walking distance to several amenities one would expect from a CBD location! Multiple restaurants, bars/breweries, entertainment venues, shopping, and more are all within close proximity. The available 2nd floor office condo presented here is well appointed and offers stunning views of the Monroe Center Corridor!
- Banking
- Bus Line
- Restaurant
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
-
Drew Nelson -
Bradley Company
Learn More About Leasing Retail Properties
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Peck Building | 40-50 Monroe Center St NW
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