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975 Cherry St SE
1,114 SF of Flex Space Available in Grand Rapids, MI 49506
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,114 SF | 3 Years | $26.93 /SF/YR $2.24 /SF/MO $30,000 /YR $2,500 /MO | Plus All Utilities |
1st Floor
975 Cherry St - A perfect place for your new office space located in the vibrant neighborhood of East Hills! Within a few steps you have access to a variety of Grand Rapid’s best restaurants, from casual to fine dining, and retail covering a host of interests. This space offers a total of 1,114 square feet and boasts a large portion of this as an open area (22’ X 49’). Aside from the main area, there is a mini kitchen and own personal bathroom. Tennant will have 1,000 square feet of locked storage in the basement. Pictures provided in the description. The open area in this unit allows for creativity to meet the needs of your business, with plenty of space for items such as office cubicles, exercise equipment, waiting area, or whatever it is that your business requires. $2500 per month. Tennant responsible for Electric/Gas/Internet. Contact property manager, Adam, for more details and a tour. 269-615-2111 or Aqdickerson@gmail.com
- Listed lease rate plus proportional share of utilities
- Central Air Conditioning
- Kitchen
- Secure Storage
- Drop Ceilings
- 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 FOR 975 Cherry St SE , Grand Rapids, MI 49506
Property Type | Retail | Year Built | 1950 |
Property Subtype | Storefront Retail/Residential | Parking Ratio | 3.75/1,000 SF |
Gross Leasable Area | 5,336 SF | Cross Streets | Cherry Street and Diamond Ave |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 5,336 SF |
Year Built | 1950 |
Parking Ratio | 3.75/1,000 SF |
Cross Streets | Cherry Street and Diamond Ave |
About the Property
975 Cherry St - A perfect place for your new office space located in the vibrant neighborhood of East Hills! Within a few steps you have access to a variety of Grand Rapid’s best restaurants, from casual to fine dining, and retail covering a host of interests. This space offers a total of 1,114 square feet and boasts a large portion of this as an open area (22’ X 49’). Aside from the main area, there is a mini kitchen and own personal bathroom. Tennant will have 1,000 square feet of locked storage in the basement. Pictures provided in the description. The open area in this unit allows for creativity to meet the needs of your business, with plenty of space for items such as office cubicles, exercise equipment, waiting area, or whatever it is that your business requires. $2500 per month. Tennant responsible for Electric/Gas/Internet. Contact property manager, Adam, for more details and a tour. 269-615-2111 or Aqdickerson@gmail.com
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Local Bird Properties
975 Cherry St SE
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