2851 Charlevoix Dr SE, Grand Rapids, MI 49546
Grand Rapids, MI | 51,795.00 sq. ft. | Est $ 66,038.63/mo
Space Available: | 51,795.00 sq. ft. |
Type: | office - Warehouse |
Est. Rent: | $1.42/SF/Month $17.00/SF/Year |
Centennial Park is a highly visible development, comprising of numerous office buildings as well as residential, hospitality, and retail components, adjacent to the Interstate 96 corridor. The tastefully landscaped park-like setting with tree-lined streets offers multiple outdoor areas and a sidewalk network for walking, running, and biking. Centennial Plaza is a 3-story, Class A multi-tenant corporate office building located at 28th Street SE and Charlevoix Drive SE in Grand Rapids, Michigan. It is one of the most sought-after corporate addresses in the market. By designing for different work styles for varying sizes of businesses, Centennial Plaza offers an established environment that encourages collaboration and productivity to bring tenants and ideas to new heights. High quality traditional or creative office space opportunities are available in small suites up to large blocks of space. Boasting an unparalleled location, Centennial Plaza is situated less than 15 minutes from Downtown Grand Rapids; affording the perfect location to take advantage of the vibrancy of the city as well as the peace and tranquility of suburban living. With an eye toward maximizing building efficiency and tenant satisfaction, capital improvement projects continue to keep Centennial Plaza ahead of the curve and the unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled on-site property management works diligently to ensure the success of tenants by providing a professional, well-maintained environment to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help transform spaces into thoughtfully designed workspaces with productivity, collaboration, and wellness in mind. The building façade is a combination of high-performance glass and brick masonry with architectural accents. Building entries feature meticulously manicured landscaping with integral lighting, leading tenants and visitors into a three-story glass atrium lobby with ceramic stone, wood, and glass accents. Two elevators with custom interiors that mimic the main lobby finishes provide a short and smooth trip to each floor. Employees in the building benefit from the state-of-the-art fitness center, ample employee/visitor parking, UPS Drop Box, vending services, and access to public transportation, with a bus stop in front of the building. Businesses enjoy efficient floorplates, with a central core that facilitates space planning and forward-thinking office suite design, light-filled offices, redundant fiber optics, and access control. Suites feature zoned HVAC systems, and the customizable office interiors offer options for socially distanced furniture layouts. Step outside to the tastefully landscaped grounds for impromptu conversation or break-out meetings. Centennial Plaza is the perfect office environment for the “new normalâ€. Tenants can take advantage of a live, work, play lifestyle with the surrounding retail, residential, entertainment, and office amenities. Synonymous with experiential dining and destination shopping, Woodland Mall is a seven-minute drive. Centennial Plaza’s location in one of Grand Rapids’ most desirable residential communities makes it a convenient office choice for local business owners and executives. The region is home to multiple nationally recognized businesses, including Meijer, Gentex, Gordon Food Service, Amway, Herman Miller, Perrigo, Steelcase, Farmers Insurance, Lacks Enterprises, Arconic, Roskam Baking, Fifth Third Bank, Haworth, SpartanNash, and many more. Commuting times are not only reduced with access from Interstate 96 and M-6 but a breeze with ample parking and easy ingress and egress into the property. Business travel options are convenient from the nearby Gerald R. Ford International Airport with direct flights to 30+ major markets. Alternatively, the area offers pedestrian- and bike-friendly routes and multiple bus stops along 28th Street. The area presents businesses with a well-educated and fast-growing workforce. 72.6% of Cascade residents hold college degrees, and the population within a 5-mile radius of Centennial Plaza is expected to grow over 3.6% in the next five years. Top amenities, prime accessibility, job opportunities, and continued growth all attract top talent to this top suburban Grand Rapids destination.
Warehouse Property Information
2851 Charlevoix Dr SE provides tenants 51795 square feet of warehouse space for rent in Grand Rapids, MI.
This property is ideal for businesses seeking quality space for distribution, manufacturing and other warehouse uses.
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Frequently Asked Questions When Leasing Warehouse Space
A Triple Net Lease (NNN) is a type of commercial real estate lease where the tenant is responsible for paying all operating expenses associated with the property, in addition to the base rent. These expenses typically include:
- Property Taxes: The tenant pays their share of the property taxes based on the leased space.
- Building Insurance: The tenant pays their share of the property taxes based on the leased space.
- Maintenance & Repairs: The tenant is responsible for maintenance and repairs of the leased space and common areas.
- Common Area Maintenance (CAM) Fees: The tenant covers the costs of maintaining common areas, such as parking lots, landscaping, and shared facilities.
NNN is the cost exclusively for rent. The operating costs associated with the space, which are an additional cost on top of the NNN, are referred to by landlords as NETs. These include:
- Property Taxes
- Building Insurance
- Maintenance & Repairs
- Common Area Maintenance (CAM) Fees
These costs are paid to the landlord on a monthly basis on top of the NNN rent. So, not only do you pay the NNN rent, but you also pay the operating costs associated with the space.
In addition to the NETs, tenants pay separately for utilities such as:
- Electric
- Gas
- Internet
As a tenant, you are typically responsible for:
- Interior Maintenance: Upkeep of the interior spaces such as office areas, restrooms, and storage spaces.
- Repairs to Tenant Improvements: Any modifications or improvements made by you to the leased space.
- Regular Cleaning: Ensuring the leased space is clean and orderly.
- Minor Repairs: Fixing minor issues like changing light bulbs, maintaining HVAC filters, etc.
- HVAC Maintenance and Repairs: You are typically responsible for maintaining and repairing the HVAC system.
- Utilities: Maintenance of utility connections and payment for services like electricity, water, and internet.
The landlord is generally responsible for:
- Structural Repairs: Major repairs to the building's structure, such as the roof, foundation, and exterior walls.
- Common Area Maintenance: Upkeep of shared areas like parking lots, landscaping, and common restrooms.
- Major Mechanical Systems: Maintenance and repair of major systems like HVAC, plumbing, and electrical systems.
- Building Insurance: Providing insurance coverage for the building itself.
- Code Compliance: Ensuring the building complies with local building codes and safety regulations.
As a tenant, you are typically responsible for:
- Interior Maintenance: Upkeep of the interior spaces such as office areas, restrooms, and storage spaces.
- Repairs to Tenant Improvements: Any modifications or improvements made by you to the leased space.
- Regular Cleaning: Ensuring the leased space is clean and orderly.
- Minor Repairs: Fixing minor issues like changing light bulbs, maintaining HVAC filters, etc.
- HVAC Maintenance and Repairs: You are typically responsible for maintaining and repairing the HVAC system.
- Utilities: Maintenance of utility connections and payment for services like electricity, water, and internet.
The landlord is generally responsible for:
- Structural Repairs: Major repairs to the building's structure, such as the roof, foundation, and exterior walls.
- Common Area Maintenance: Upkeep of shared areas like parking lots, landscaping, and common restrooms.
- Major Mechanical Systems: Maintenance and repair of major systems like HVAC, plumbing, and electrical systems.
- Building Insurance: Providing insurance coverage for the building itself.
- Code Compliance: Ensuring the building complies with local building codes and safety regulations.
Tenant Responsibilities:
- General Liability Insurance: The tenant typically covers general liability insurance to protect against claims of bodily injury or property damage that occur within the leased space.
- Property Insurance: The tenant is usually responsible for insuring their own personal property and inventory within the warehouse.
- Business Interruption Insurance: The tenant may also be responsible for obtaining business interruption insurance to cover lost income in the event of a disaster or unexpected event that disrupts operations.
- Workers' Compensation Insurance (California): In California, the tenant is responsible for providing workers' compensation insurance for their employees.
- Automotive Insurance: The tenant may also be required to show automotive insurance for company vehicles.
Landlord Responsibilities:
- Building Insurance: The landlord typically provides insurance coverage for the physical structure of the building, including the roof, walls, and foundation.
- Liability Insurance for Common Areas: The landlord is responsible for insuring common areas and protecting against claims arising from accidents or injuries that occur in shared spaces like parking lots, lobbies, and hallways.
- Tenant Changes: Tenants can make changes to the leased space, but it is typically required to ask for the landlord's approval first.
- Landlord Approval: Major modifications, such as structural changes, installation of fixtures, or significant alterations, usually need written consent from the landlord.
- Minor Changes: Some minor changes, like painting walls or minor cosmetic adjustments, may be permitted without approval, but it's best to check the lease agreement for specific guidelines.
- Restoration: Tenants may be required to restore the space to its original condition at the end of the lease term unless otherwise agreed upon with the landlord.
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