property record · Industrial
3466 Shippers Drive
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 |
|---|---|---|---|---|---|
| 2025-09-30 | 2,009,459 | 2,929,203 | 919,744 | — | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0002128774", "entity_ref": "b47bcd80-1be2-475b-9a18-72d44fc26ea8", "originator": "Bank of Montr | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "4"} | evidence → |
| address | {"zip": "49544", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "3466 Shippers Drive"} | evidence → |
| occupancy | {"basis": "securitization", "value": 1} | evidence → |
| sqft | {"basis": "most_recent", "value": 343483} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Industrial", "value": "IN"} | evidence → |
| valuation | {"basis": "securitization", "amount": 36600000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 2016} | evidence → |