Prime Portage Retail
For Lease
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5024 S WESTNEDGE AVE, Portage, MI 49002
0.40-acre build-to-suit/ground lease opportunity in Portage, Michigan.
Space SizeContact for details
Lot Size0.40 Acres
Days on Market4250
Property Features for 5024 S WESTNEDGE AVE
General Information
Standard status
Active
Lot size
0.40 Acres
Property subtype
Land
Lease Type
NNN
Amenities
Water
Sewer
Listing Agency:
The Hinman Company - Portage
Listed By:
Cole Rathbun · License #6505251317
(269) 377-9225
Source:
Carwm.resimplifi
Added: Feb 26, 2015
Changed: Oct 1
Last Checked: Oct 14 at 7:47PM
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 Hinman Company - Portage
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Investment Insights
Based on property information with market context.
Located in the heart of the Portage retail corridor, just north of Interstate 94, this approximately 0.40-acre site at 5024 S Westnedge Avenue presents a build-to-suit or ground lease opportunity. The location is suitable for a drive-thru eatery or café, a bank with drive-thru access, urgent care, or other retail or medical options. Situated along S Westnedge Avenue, the site benefits from high visibility, with over 46,894 daily drivers on W Kilgore Road and S Westnedge Avenue. The property is located near Lowe's, Earth Fare, HomeGoods, and Meijer. The Crossroads shopping area is an eight-minute drive away. The location offers easy access and ample parking. A population of over 150,770 people resides within a five-mile radius of the property, with an average household income exceeding $70,091. Portage has become one of the most affluent and desirable suburbs in West Michigan. The Portage area has been rapidly growing with a projected population growth of 3.0% over the next five years. Residents account for a total annual consumer spending of over $3.1 billion, almost $350 million of which was on food and drinking establishments last year. The property is located about 10 minutes south of Downtown Kalamazoo.
Key Highlights
- Unmatched brand exposure with visibility to over 46,894 daily drivers.
- Located in the heart of the Portage retail corridor, near major retailers.
- 0.40‑acre build‑to‑suit/ground lease opportunity suitable for various options.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.40-acre build-to-suit/ground lease opportunity in Portage, Michigan.
Where is this commercial land located?
The property is located at 5024 S WESTNEDGE AVE Portage, MI.
What are key features of this property?
This property features: Unmatched brand exposure with visibility to over 46,894 daily drivers.; Located in the heart of the Portage retail corridor, near major retailers.; 0.40‑acre build‑to‑suit/ground lease opportunity suitable for various options.
