property record · Retail
363 STATE STREET SOUTHEAST
Commercial property in Grand Rapids, Kent County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 110,587 | 153,352 | 42,765 | 3.25 | evidence → |
| 2025-09-30 | 83,074 | 112,546 | 29,472 | 3.26 | evidence → |
| 2025-06-30 | 55,460 | 75,110 | 19,651 | 3.27 | evidence → |
| 2025-03-31 | 27,845 | 37,674 | 9,829 | 3.32 | evidence → |
| 2024-12-31 | 110,458 | 149,745 | 39,287 | 3.24 | evidence → |
| 2024-09-30 | 82,869 | 111,472 | 28,603 | 2.24 | evidence → |
| 2024-06-30 | 55,245 | 74,313 | 19,068 | 3.24 | evidence → |
| 2024-03-31 | 27,623 | 37,157 | 9,534 | 3.26 | evidence → |
| 2023-12-31 | 110,491 | 148,628 | 38,137 | 3.25 | evidence → |
| 2023-06-30 | 55,236 | 74,618 | 19,382 | 2.26 | evidence → |
| 2023-03-31 | 27,619 | 37,310 | 9,691 | 3.30 | evidence → |
| 2022-12-31 | 102,026 | 140,528 | 38,502 | 3.00 | evidence → |
| 2022-09-30 | 75,253 | 104,090 | 28,837 | 2.95 | evidence → |
| 2022-06-30 | 50,169 | 69,393 | 19,224 | 2.98 | evidence → |
| 2022-03-31 | 25,167 | 34,782 | 9,615 | 3.00 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001889297", "entity_ref": "d81c44b4-b172-4ad1-8bbd-552bc496fc0e", "trust_name": "BANK 2021-BNK | evidence → |
| address | {"zip": "49503", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "363 STATE STREET SOUTHEA | evidence → |
| occupancy | {"basis": "most_recent", "value": 1} | evidence → |
| sqft | {"basis": "most_recent", "value": 8694} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6"} | evidence → |
| type | {"label": "Retail", "value": "RT"} | evidence → |
| valuation | {"basis": "securitization", "amount": 1550000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1942, "renovated": 2017} | evidence → |