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

5402 Portage Road, Portage, MI 49002

Commercial Lease, Portage, MI

Space Size1,000 SF - 3,000 SF
Lot Size0.72 Acres
Days on Market99

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 3,000 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

Amenities

signage opportunities

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: Sep 7 Last Checked: Sep 28 at 1:06PM
MLS# 26031018

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 under-construction retail project will introduce 3,000 SF of planned space within the front portion of a brick building. The layout can be delivered as three 1,000 SF suites, a 2,000 SF suite paired with a 1,000 SF suite, or one larger 3,000 SF premises. The left end suite is designed to accommodate drive-thru operations. Building systems include forced-air heating and central air conditioning, with phone service available.

The property sits at a signalized corner across from the Kalamazoo/Battle Creek International Airport, approximately one-third mile south of the I-94 and Portage Road interchange. Its Portage Road position places the space along a retail corridor with access to prominent roadway exposure and signage opportunities.

Key Highlights

  • 3,000 SF of planned retail space
  • Configurable as three 1,000 SF suites
  • Alternative layout offers one 2,000 SF suite and one 1,000 SF suite

Property Analytics

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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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 44% Hotels & Casinos 5% Beauty & Spa 2%
Shell Shops & Services
18,001 visits/mo 0.4 miles
Taco Bell Dining
10,075 visits/mo 0.2 miles
BIGGBY COFFEE Dining
6,161 visits/mo 0.1 miles
SUBWAY Dining
3,420 visits/mo 0.2 miles
Hampton Inn Kalamazoo Hotels & Casinos
2,235 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portage, MI

$18.45 /SF/Yr
Avg Asking Price
$8–$30 /SF/Yr
Price Range
14,855 SF
Avg Space Size

This space is priced 36% above the average of $18.45 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail configurations with planned suites and access to a signalized intersection.
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: 3,000 SF of planned retail space; Configurable as three 1,000 SF suites; Alternative layout offers one 2,000 SF suite and one 1,000 SF suite
More about this property
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