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Office Suite in Professional Building
For Lease
$8 SF/Yr

1300 W Centre Ave, Portage, MI 49024

A decorated, well-maintained office suite may be divided for a tenant meeting the owner's qualification criteria.

Space Size5,245 SF
Days on Market6568

Property Features for 1300 W Centre Ave

General Information

Standard status Active
Size 5,245 SF
Property subtype Office
Lease Type NNN

Space & Availability

Contiguous Space 5,245 SF
Divisible Yes
Space Use Office
Sublease No

Lease Terms

Lease Rate $8 /USD/SF/YR
Monthly Rent $3,496
Rent per SF/Year $8

Additional Details

Road Access Yes

Amenities

Water
Sewer

Building Details

Year Built 1997

Spaces For Lease

at 1300 W Centre Ave
Available Space $20.10/Mo
Contact us
Listing Agency: Callander Commercial
Listed By: Sandy Edwards · License #6502342107
Source: Carwm.resimplifi
Added: Oct 21, 2008 Changed: Oct 13 Last Checked: Oct 14 at 7:42PM

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 Callander Commercial

Investment Insights

Based on property information with market context.

A 5,245-square-foot office suite is located in a professional office building completed in 1997. The interior is decorated and described as being in immaculate condition. The owner is willing to consider splitting the suite for a qualified tenant.

The building is at 1300 W Centre Ave in Portage, Michigan, with frontage on a heavily traveled road.

Key Highlights

  • 5,245 SF office suite; owner may divide for a qualified tenant
  • Office building constructed in 1997
  • Located at 1300 W Centre Ave in Portage, Michigan

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Building Supply Storage Facility HVAC Service Kitchen & Bath Showroom

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 49024, MI

30,332
Population
13,232
Households
2.3
Avg Household Size
39
Median Age
51%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
1,763
Density / Sq Mi
$86,427
Median Household Income
$49,914
Median Earnings
$1,208
Median Rent
$248,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portage, MI

$24.16 /SF/Yr
Avg Asking Price
$9–$67 /SF/Yr
Price Range
7,021 SF
Avg Space Size

This space is priced 67% below the average of $24.16 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - A decorated, well-maintained office suite may be divided for a tenant meeting the owner's qualification criteria.
Where is this office units located?
The property is located at 1300 W Centre Ave Portage, MI.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 5,245 SF office suite; owner may divide for a qualified tenant; Office building constructed in 1997; Located at 1300 W Centre Ave in Portage, Michigan
More about this property
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