Building Details

Year built 2015

Listing Agency: Kalamazoo Commercial Real Estate Show Phone

Listed By: TJ Ward Show Phone

Added: Nov 5, 2025 Changed: Oct 8 Last Checked: Oct 9 at 2:06AM

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MLS# 25056666

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Investment Insights

Based on property information with market context.

This retail space at 23950 City Center Circle was built in 2015 and offers an open interior with abundant natural light. The suite includes three bathrooms and two enclosed rooms that can serve as offices, a break area, or other private functions. Central air, forced-air heating, and a fireplace are included among the existing building features.

The property is positioned at the corner of Main Street and McGillen Avenue in Mattawan, within a development occupied by a variety of businesses. Visibility is available from both sides of the building, with signage opportunities for tenant identification. The suite may also be divided or reconfigured for smaller requirements and customized layouts.

Key Highlights

• Open retail layout with natural light throughout
• Three bathrooms and two private rooms
• Potential for tenant signage visible from both building sides

Property Analytics

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Open Analytics

Current Use

DWELL Organic Salon ... Spa & Massage Center The Skin Therapist Spa & Massage Center 1 Identity Counseling Counselor Black Onyx Bookkeeping ... Accounting Firm Jenelle Linden Counselor

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Bakery Carpet & Flooring Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

197

Businesses Nearby

27k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 82% Dining 18%

Shell Shops & Services

19,481 visits/mo 0.4 miles

SUBWAY Dining

3,437 visits/mo 0.2 miles

Consumers Credit Union Shops & Services

2,465 visits/mo 0.1 miles

Pizza Hut Dining

1,344 visits/mo 0.1 miles

Demographics for 49071, MI

10,748

Population

4,415

Households

2.4

Avg Household Size

40

Median Age

40%

College-Educated

97%

High-School Grad

29.4 sq mi

ZIP Area

366

Density / Sq Mi

$105,779

Median Household Income

$48,494

Median Earnings

$1,161

Median Rent

$261,900

Median Home Value

Market

Lease Benchmarks for Mattawan, MI

$15.2 /SF/Yr

Avg Asking Price

$14–$16 /SF/Yr

Price Range

2,440 SF

Avg Space Size

This space is priced 5% above the average of $15.2 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Open commercial space with private rooms, three bathrooms, natural light, and prominent signage potential within a multi-business development.

Where is this retail space located?

The property is located at 23950 City Center Circle Mattawan, MI.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Open retail layout with natural light throughout; Three bathrooms and two private rooms; Potential for tenant signage visible from both building sides