Building Details

Year Built 1978

Units 1

Listing Agency: NAI Wisinski of West Michigan d***@naiwwm.com Show Phone

Listed By: Dane L Davis · License #6504368846 Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 10 Last Checked: Aug 20 at 12:05PM

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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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This property offers up to 15,000 square feet of available space within a 100% climate-controlled building. The building features clearance heights ranging from 16 to 19 feet and is situated on a 100% fenced-in, secure lot. The property includes 6-inch concrete floors, air lines, and bus ducts. Loading and unloading are facilitated by one loading dock and two overhead doors. The building is equipped with 3-phase, 600 amp power. The lease term is up to 120 months. The building is well-maintained and secure.

Key Highlights

• Up to 15,000 SF available in a 100% climate‑controlled building.
• Secure, 100% fenced lot.
• 3‑phase, 600 amp power.

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store

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

$1.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

121

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 49002, MI

19,553

Population

8,975

Households

2.2

Avg Household Size

41

Median Age

43%

College-Educated

96%

High-School Grad

17.3 sq mi

ZIP Area

1,130

Density / Sq Mi

$71,621

Median Household Income

$45,938

Median Earnings

$910

Median Rent

$223,000

Median Home Value

Market

Lease Benchmarks for Portage, MI

$9.33 /SF/Yr

Avg Asking Price

$7–$16 /SF/Yr

Price Range

14,104 SF

Avg Space Size

This space is priced 25% below the average of $9.33 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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

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Frequently Asked Questions

What type of property is this?

Warehouse - Climate-controlled warehouse with secure lot, loading dock, and power.

Where is this warehouse located?

The property is located at 2050 Stanley Ave Portage, MI.

What is the lease rate?

The lease rate is $7 SF/Yr.

What are key features of this property?

This property features: Up to 15,000 SF available in a 100% climate‑controlled building.; Secure, 100% fenced lot.; 3‑phase, 600 amp power.