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Shopping Center with Restaurant Space
For Lease
$17 SF/Yr

5039 W Main St, Kalamazoo, MI 49009

The center was remodeled in 2016 and sits at a signalized intersection with established restaurant and retail tenants.

Space SizeContact for details
Days on Market1460

Property Features for 5039 W Main St

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Additional Details

Space Use Restaurant

Amenities

Water
Sewer

Building Details

Year Built 1993
Year Renovated 2016

Spaces For Lease

at 5039 W Main St Contact us

Available Space $17/Mo

Contact us
Listing Agency: Plazacorp Realty Advisors, Inc.
Listed By: Trisha Kidd
Source: Carwm.resimplifi
Added: Sep 1, 2022 Changed: Aug 29 Last Checked: Aug 30 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plazacorp Realty Advisors, Inc.

Investment Insights

Based on property information with market context.

This 81,660-square-foot shopping center includes raw restaurant space with a two-story façade. The property was remodeled in 2016 and accommodates a mix of restaurant, telecommunications, entertainment, and other retail users, including Blaze Pizza, Verizon, Hunan Gardens, Niskers, and Odyssey Games.

The center occupies the signalized intersection of West Main Street and Drake in Kalamazoo, Michigan. Its address is 5039 W Main St, Kalamazoo, MI 49009, placing the available space within an established multi-tenant commercial setting with both national and local occupants.

Key Highlights

  • 81,660‑square‑foot shopping center
  • Raw restaurant space with a two‑story façade
  • Remodeled in 2016

Property Analytics

Current Use

Paris Cleaners & Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Dental Office Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Home Improvements & Furnishings 4%
Dollar General Shops & Services
6,282 visits/mo 0.2 miles
Dollar General Shops & Services
3,782 visits/mo 0.3 miles
BP Shops & Services
3,552 visits/mo 0.3 miles
Rent A Center Home Improvements & Furnishings
633 visits/mo 0.4 miles

Demographics for 49009, MI

47,188
Population
20,609
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
462
Density / Sq Mi
$82,364
Median Household Income
$44,702
Median Earnings
$1,089
Median Rent
$330,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - The center was remodeled in 2016 and sits at a signalized intersection with established restaurant and retail tenants.
Where is this shopping center located?
The property is located at 5039 W Main St Kalamazoo, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 81,660‑square‑foot shopping center; Raw restaurant space with a two‑story façade; Remodeled in 2016
More about this property
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