6312 W Main Street, Kalamazoo, MI 49009
Three-level, 4,349 SF office space with excellent location.
- Added:
- Jan 24, 2024
- Days on Market:
- 869
- Last Refresh:
- May 19 at 10:24 pm
Property Features for 6312 W Main Street
General Information
- Standard status
- Active
- Size
- 4,349 SF
- Lot size
- 0.46 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2006
Listing agent Matthew H Callander License #6501303339 (269) 384-8368
Listing office Callander Commercial (269) 384-8368
Listing date Jan 24, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Callander Commercial
HighLights
- Turnkey office space with 4,349 SF of usable space.
- Great W. Main location with convenient US - 131 access.
- Tremendous signage opportunity.
- Conference room, huge kitchen, and waiting area.
- Garden level suites with furniture and lots of natural light.
- Just down the street from the new Advia Credit Union Headquarters.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.6k | $14.40 |
| − Vacancy | −$4.5k | −$1.04 |
| EGI | $58.1k | $13.36 |
| − OpEx | −$14.5k | −$3.34 |
| NOI | $43.6k | $10.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.6734
- Latitude
- 42.2962
