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Renovated Office Space Available
For Lease
$18 SF/Yr

4000 Portage St 201, Kalamazoo, MI 49001

Multi-tenant office space, renovated in 2022, convenient location.

Space SizeContact for details
Days on Market131

Property Features for 4000 Portage St 201

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1971
Units 1
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: TJ Ward · License #6502406462
Source: Elliman
Added: Apr 14 Changed: Aug 8 Last Checked: Aug 22 at 11:46AM

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 Kalamazoo Commercial Real Estate

Investment Insights

Based on property information with market context.

The Kalamazoo Professional Center features multi-tenant office spaces, fully renovated in 2022. Located on Portage Street, a main thoroughfare to Downtown Kalamazoo, the property is conveniently situated 1/4 mile north of I-94, providing easy access to the interchange. The property includes 130 on-site parking spaces. Leases are offered on a gross basis, with pricing adjusted to term length. The landlord covers all utilities and expenses, while the tenant is responsible for phone and internet services. Each office rental includes access to three shared conference rooms, a kitchenette, and optional storage space. The building has been improved with ADA bathrooms on each floor, a ramp at the entrance, and a new elevator. The location has a bike score of 69, indicating it is bikeable, and a walk score of 58, indicating it is somewhat walkable. Lease terms are for 36 months.

Key Highlights

  • Fully renovated in 2022
  • Convenient location: 1/4 mile north of I‑94 with easy access
  • 130 on‑site parking spaces

Property Analytics

Current Use

Boys & Girls Clubs- ... Child Welfare Organization 4000 Portage Professional ... Corporate Office Lake States Title ... Title Company Overneath Creative Advertising Agency Kalamazoo Youth Development ... Child Welfare Organization

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Skin Care Clinic 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$22.79 /SF/Yr
Avg Asking Price
$10–$68.97 /SF/Yr
Price Range
16,797 SF
Avg Space Size

This space is priced 21% below the average of $22.79 /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 building - Multi-tenant office space, renovated in 2022, convenient location.
Where is this office building located?
The property is located at 4000 Portage St 201 Kalamazoo, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Fully renovated in 2022; Convenient location: 1/4 mile north of I‑94 with easy access; 130 on‑site parking spaces
More about this property
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