Building Details

Year Built 2024

Units 2

Listing Agency: Home 4 Good Realty LLC h***@gmail.com Show Phone

Listed By: Kurt Rietema Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 8 Last Checked: Aug 20 at 9:16AM

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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 Home 4 Good Realty LLC

Investment Insights

Based on property information with market context.

Available for lease are new construction commercial spaces, each offering 2400 square feet. Located just outside Allegan, these 40x60 multi-functional spaces are move-in ready. Each unit includes insulation, radiant heat, and hot water. Access is facilitated by a large overhead door measuring 14 feet high and 20 feet wide, suitable for accommodating large equipment. Internet connectivity is in place, and additional outdoor parking is provided. Two units, A and B, are currently available. The lease requires a minimum term of one year, along with a one-month deposit. Rent is $2000 per month, with gas and electric billed separately.

Key Highlights

• New construction (2024) 2400 sq ft commercial space.
• Radiant heat and hot water included.
• Large 14 ft high x 20 ft wide overhead door.**

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Storage Facility Wine and Liquor 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

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 49010, MI

18,183

Population

7,222

Households

2.5

Avg Household Size

41

Median Age

18%

College-Educated

93%

High-School Grad

156.6 sq mi

ZIP Area

116

Density / Sq Mi

$72,361

Median Household Income

$42,133

Median Earnings

$1,061

Median Rent

$204,200

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Flex space - New construction commercial space with office and bathroom for lease.

Where is this flex space located?

The property is located at 3507 Babylon Rd A & B Allegan, MI.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: New construction (2024) 2400 sq ft commercial space.; Radiant heat and hot water included.; Large 14 ft high x 20 ft wide overhead door.**