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

Listed By: Connor Schultze · License #6501453214 Show Phone

Source: Exprealty

Added: Jun 8 Changed: Jul 10 Last Checked: Jul 31 at 1:42PM

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Investment Insights

Based on property information with market context.

Newly renovated office/retail suites are available in a single commercial building along Ivanhoe Ct in Portage, MI. Suites range from 759 SF to 1,685 SF and are designed with open floor plans that can support office use, retail merchandising, or shop operations. Several spaces also offer optional overhead door access, adding flexibility for light distribution or service-oriented tenants. The property is presented as move-in ready, supporting a faster path to occupancy.

The suites are located just off Portage Road, near Kalamazoo/Battle Creek International Airport. This positioning is intended to deliver convenient access and visibility tied to Portage Road and the airport area.

For tenants seeking a flexible ground-floor environment, the combination of open layout planning and optional overhead door access can help accommodate a range of office, retail, and shop configurations. Ample parking and convenient access are also provided, which supports day-to-day customer visits and employee commutes. Available suite sizes make the property workable for both smaller footprints and larger operational needs within the stated range.

Key Highlights

• Newly renovated office/retail suites available from 759 SF to 1,685 SF
• Suites offer open floor plans suitable for office, retail, or shop users
• Optional overhead door access available for added shop‑user flexibility

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant Pharmacy

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

240

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

Market

Lease Benchmarks for Portage, MI

$24.84 /SF/Yr

Avg Asking Price

$10–$67 /SF/Yr

Price Range

4,912 SF

Avg Space Size

This space is priced 52% below the average of $24.84 /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 units - Move-in-ready suites with open layouts and optional overhead door access for office, retail, or shop users.

Where is this office units located?

The property is located at 5352-5300 Ivanhoe Ct Portage, MI.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Newly renovated office/retail suites available from 759 SF to 1,685 SF; Suites offer open floor plans suitable for office, retail, or shop users; Optional overhead door access available for added shop‑user flexibility