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Downtown Commercial Space For Lease - Lease Information

Grand Rapids Commercial Space For Lease Floor plan. There is available space remaining on the 2nd floor and the 3rd floor has approximately 50,000 square feet available. The whole location is in the Renaissance zone which includes tax savings, exemptions and incentives.

The commercial space at the Clark Place building in American Seating Park is available for lease at $12.00 per square foot. Tenants pay their share of Common Area Maintenance (CAM Triple-Net), which is estimated at $3.00 per square foot, bringing the total lease price to approximately $15.00 per square foot.

  • The lease includes perimeter walls, basic fire protection, HVAC for 2,000 square foot zones, basic electrical, plumbing rough-in, windows, and spray textured ceilings.
  • The build-out is up to the tenant and can range from approximately $15.00-$40.00 per square foot. A typical office build-out is $20.00-$25.00 per square foot and includes walls, doors, hardware, paint, additional electrical, fire protection alterations, HVAC alterations, kitchen (with cabinetry and appliances), flooring, window coverings, lighting, card key access system, architectural fees, bonds, permits, and insurance.

Minimum lease size is 2,000 square feet and 2,000 square foot increments are preferred.

The lease term is negotiable.

Sewer and Water provided by the City of Grand Rapids, gas provided by DTE, electric provided by Consumers Energy, cable provided by Comcast, telephone service provided by SBC, and fiber optics provided by Norlight. The City of Grand Rapids responds for both Fire & Police.

 
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