150 Ann St NW Local commercial 1 459 m² À vendre Grand Rapids, MI 49505 5 077 990 € (3 480,80 €/m²) Taux de capitalisation 7,25 %

JET Industrial is pleased to present the sale leaseback of the newly redeveloped office headquarters
of MiEN Company® in Grand Rapids, Michigan. At closing, the seller will execute a new 10 year
Absolute NNN lease with 2.0% annual rent escalations, creating a stable income stream backed by
the company’s primary operating location.
Originally constructed in 1974, the property was fully redeveloped through a comprehensive
renovation completed in March 2026. The building reflects substantial tenant capital investment and
serves as the company’s central leadership and operational hub. The 15,800 SF office headquarters
is directly integrated with MiEN’s adjacent manufacturing facility and planned future development
site, reinforcing the operational importance of the location.
Founded in 2012, MiEN designs and manufactures furniture solutions for K–12 and higher education
institutions across North America. The Grand Rapids headquarters supports leadership, product
development, engineering, and customer operations that are central to the company’s continued
growth.
The property is positioned just northwest of Downtown Grand Rapids within the Monroe North and
Medical Mile corridor, an area experiencing continued public and private investment. The site offers
immediate access to US 131 and is less than 15 miles from Gerald R. Ford International Airport.
As part of the City of Grand Rapids’ GR Forward Master Plan, the final 0.75 mile segment of
the River Edges Trail between Leonard Street and Ann Street has received full funding and is
advancing toward construction. Upon completion, the property will have direct pedestrian and
bike connectivity to Downtown Grand Rapids, Riverside Park, and the 92 mile Fred Meijer White
Pine Trail system.
This offering presents investors with the opportunity to acquire a stabilized, mission critical
corporate headquarters asset featuring a long term Absolute NNN lease structure, contractual
rent growth, recent capital investment, and durable positioning within one of Grand Rapids’ most
actively evolving urban corridors.
To learn more about MiEN Company® visit: miencompany.com.