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Shadow-Anchored Retail Property
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3730 Jennings Dr, Kalamazoo, MI 49048

Leased retail property with a long-term agreement and a Menards shadow anchor.

Property Size3,500 SF
Price / SF$776.19
Days on Market217

Property Features for 3730 Jennings Dr

General Information

Standard status Active
Size 3,500 SF
Property subtype RETAIL

Additional Details

Traffic Count 25,400 vehicles/day
Listing Agency: The Boulder Group - Corporate
Listed By: Randy Blankstein · License #471005983
Source: Moodyscre
Added: Jan 16 Changed: Aug 14 Last Checked: Aug 21 at 2:00PM

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 The Boulder Group - Corporate

Investment Insights

Based on property information with market context.

This for-sale retail property is positioned within the Kalamazoo-Portage MSA and features a new-construction component with a 15-year roof warranty. The tenant is described as investment grade rated (S&P: BBB+), supported by a long-term 10-year lease that includes 10% rental escalations.

The property sits along Gull Road with reported 25,400 VPD. A Menards shadow anchor is noted, and the surrounding retail mix includes national brands such as ALDI, Walmart, Meijer, Tractor Supply Company, McDonald’s, and Starbucks. It is also minutes from Ascension Borgess Hospital (422 beds), with 78,000 people reported within a five-mile radius and average household income exceeding $86,000 within three miles.

Key Highlights

  • Investment‑grade tenant rated S&P BBB+
  • Long‑term 10‑year lease with 10% rental escalations
  • New construction with a 15‑year roof warranty

Property Analytics

Current Use

Robert W. Clements ... Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage

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

25,400 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
196k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 32% Home Improvements & Furnishings 19% Electronics 4%
Menards Home Improvements & Furnishings
37,644 visits/mo 0.3 miles
McDonald's Dining
21,499 visits/mo 0.3 miles
Dollar Tree Shops & Services
19,329 visits/mo 0.3 miles
Starbucks Dining
13,208 visits/mo 0.4 miles
Wendy's Dining
12,197 visits/mo 0.5 miles

Demographics for 49048, MI

25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Leased retail property with a long-term agreement and a Menards shadow anchor.
Where is this retail space located?
The property is located at 3730 Jennings Dr Kalamazoo, MI.
What is the asking price?
The asking price for this property is $2,716,667.
What are key features of this property?
This property features: Investment‑grade tenant rated S&P BBB+; Long‑term 10‑year lease with 10% rental escalations; New construction with a 15‑year roof warranty
(847) 562-0003 Call to check price and availability
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