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Retail Space With Drive-Through
For Lease
$25 SF/Yr

5402 Portage Road, Portage, MI 49002

COMMERCIAL - Portage, MI

Space Size1,000 SF - 3,000 SF
Lot Size0.72 Acres
Days on Market53

Property Features for 5402 Portage Road

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning description B-3
Fireplace 1
Elementary school district Portage
Middle school district Portage
High school district Portage
Standard status Active
APN 10-02320-057-O
Size 1,000 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1967
Building materials Brick
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Added: Jun 22 Changed: Aug 4 Last Checked: Aug 13 at 7:06PM
MLS# 26031015

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.

This retail space is under construction within a brick building originally built in 1967. The planned front portion can be arranged as multiple suites or combined into a larger contiguous space, with flexible demising options for different layouts. The left end suite is designed to support drive-thru service. Building systems include forced-air heating and central air conditioning, with phone service available.

The property sits on a signalized corner approximately one-third mile south of the I-94 and Portage Road interchange. It is positioned across from Kalamazoo/Battle Creek International Airport and along a retail corridor in Portage, providing direct access to the surrounding road network and exposure to passing traffic. Signage opportunities are also identified for the site.

Key Highlights

  • Planned front portion offers flexible multi‑suite demising options
  • Left end suite designed with drive‑thru capabilities
  • Signalized corner approximately one‑third mile south of the I‑94 and Portage Road interchange

Property Analytics

Current Use

Retail space

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

3
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 43% Hotels & Casinos 8% Beauty & Spa 2%
Shell Shops & Services
18,001 visits/mo 0.2 miles
Taco Bell Dining
10,075 visits/mo 0.0 miles
BIGGBY COFFEE Dining
6,161 visits/mo 0.0 miles
SUBWAY Dining
3,420 visits/mo 0.1 miles
Hampton Inn Kalamazoo Hotels & Casinos
2,235 visits/mo 0.1 miles

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

$18.1 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
4,709 SF
Avg Space Size

This space is priced 38% above the average of $18.1 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Under-construction retail suites occupy a signalized corner across from Kalamazoo/Battle Creek International Airport.
Where is this retail space located?
The property is located at 5402 Portage Road Portage, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Planned front portion offers flexible multi‑suite demising options; Left end suite designed with drive‑thru capabilities; Signalized corner approximately one‑third mile south of the I‑94 and Portage Road interchange
More about this property
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