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Planned Class A Office Units
For Lease
$20 SF/Yr

5402 Portage Road, Portage, MI 49002

Commercial Lease, Portage, MI

Space Size3,928 SF
Days on Market92

Property Features for 5402 Portage Road

General Information

Property type Commercial Lease
Property subtype Office
Fireplace 1
Elementary school district Portage
Middle school district Portage
High school district Portage
Standard status Active
APN 10-02320-057-O
Size 963 SF

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Amenities

lobby
conference room
kitchenette
restrooms
outdoor patio

Building Details

Year built 1967
Building materials Brick
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Added: Jun 11 Changed: Sep 7 Last Checked: Sep 10 at 11:06AM
MLS# 26028698

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units are planned within the front portion of an existing brick building, with redevelopment into Class A office space. The layout can support an individual user or be divided for smaller occupants, with shared access to a lobby, conference room, kitchenette, restrooms, and an outdoor patio. Building systems include forced-air heating and central air conditioning, and the property was built in 1967.

The property occupies a signalized corner at 5402 Portage Road in Portage, Michigan, directly across from Kalamazoo/Battle Creek International Airport. It is positioned along a retail corridor, approximately one-third mile south of the I-94 and Portage Road interchange. Phone service is available, and the site offers signage opportunities along with access to established transportation routes.

Key Highlights

  • Planned Class A office redevelopment in the front portion of the building
  • Individual or demised office configurations available
  • Shared lobby, conference room, kitchenette, restrooms, and outdoor patio

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Pharmacy Auto Repair Shop Furniture & Home Goods

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portage, MI

$24.68 /SF/Yr
Avg Asking Price
$9–$67 /SF/Yr
Price Range
6,330 SF
Avg Space Size

This space is priced 19% below the average of $24.68 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lease opportunity with shared lobby, conference room, kitchenette, restrooms, and outdoor patio access.
Where is this office units located?
The property is located at 5402 Portage Road Portage, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Planned Class A office redevelopment in the front portion of the building; Individual or demised office configurations available; Shared lobby, conference room, kitchenette, restrooms, and outdoor patio
More about this property
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