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Park Place 10500 Chicago Dr Local commercial 1 510 m² 100 % Loué À vendre Zeeland, MI 49464 1 249 001 € (827,33 €/m²) Taux de capitalisation 8,27 %



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Résumé analytique
Pantheon Commercial is pleased to present West Park Office Center, a 16,082 SF multi-tenant professional office building on 1.78 acres along Chicago Drive in Zeeland, Michigan. Built in 1997 with 85 surface parking spaces and zoned O-S (Office-Service), the property is anchored by Vee's Grill & Coney Island and home to a diversified roster of professional services tenants spanning legal, financial advisory, medical, wellness, and real estate uses.
The asset is positioned directly on Chicago Drive, the primary commercial corridor connecting Holland and Zeeland, drawing daytime traffic from Gentex, Herman Miller, Haworth, and the broader West Michigan manufacturing base. Multiple tenants have occupied their suites for five or more years, with documented lease renewals across the roster signaling strong tenant retention. The building's restaurant anchor occupies the prominent corner suite and serves as a destination draw for the property's professional services tenants. The property has a very strong leasing history, and the property has continued upside in getting current leases marked to market as they roll over.
Offered at $1,450,000 West Park Office Center represents an accessible foothold in the stable Holland-Zeeland submarket for 1031 exchange buyers, and investors seeking a small-cap entry point into West Michigan's professional office sector with an extremely low basis of only $90/SF.
The asset is positioned directly on Chicago Drive, the primary commercial corridor connecting Holland and Zeeland, drawing daytime traffic from Gentex, Herman Miller, Haworth, and the broader West Michigan manufacturing base. Multiple tenants have occupied their suites for five or more years, with documented lease renewals across the roster signaling strong tenant retention. The building's restaurant anchor occupies the prominent corner suite and serves as a destination draw for the property's professional services tenants. The property has a very strong leasing history, and the property has continued upside in getting current leases marked to market as they roll over.
Offered at $1,450,000 West Park Office Center represents an accessible foothold in the stable Holland-Zeeland submarket for 1031 exchange buyers, and investors seeking a small-cap entry point into West Michigan's professional office sector with an extremely low basis of only $90/SF.
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 510 m²
Classe d’immeuble
B
Année de construction
1997
Prix
1 249 001 €
Prix par m²
827,33 €
Taux de capitalisation
8,27 %
RNE
103 292 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Surface du lot
0,77 ha
Zonage
O/S - District des services de bureau
Stationnement
83 places (54,98 places par 1 000 m² loué)
Façade
28 m sur Chicago Dr
Caractéristiques
- Signalisation
1 1
Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Moyennement praticable en vélo
70/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 70-16-23-250-021 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 720 372 € |
Taxes foncières
Numéro de parcelle
70-16-23-250-021
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
720 372 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
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Carte
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Présenté par
Park Place | 10500 Chicago Dr
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