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Office Suite with Shared Amenities
New
For Lease
$20 SF/Yr

5402 Portage Road #B, Portage, MI 49002

Planned improvements include shared access to a lobby, conference room, kitchenette, restrooms, and outdoor patio.

Space SizeContact for details
Property Size1,779 SF
Days on Market5

Property Features for 5402 Portage Road #B

General Information

Standard status Active
Size 1,779 SF
Class A

Space & Availability

Contiguous Space 3,928 SF
Divisible Yes
Space Use Office

Additional Details

Highway Access Yes

Amenities

lobby
conference room
kitchenette
restrooms
outdoor patio

Building Details

Building Size 1,779 SF
Year Built 1967
Buildings 1
Listing Agency: Case Realty Group
Listed By: Karmen Case · License #6501398514
Source: Case-realty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:41PM

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 Case Realty Group

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Investment Insights

Based on property information with market context.

Office space at 5402 Portage Road is planned for redevelopment as Class A space. The suite can be leased as a whole or divided into smaller configurations. Shared features are planned to include a lobby, conference room, kitchenette, restrooms, and an outdoor patio.

The property is on a signalized corner across from Kalamazoo/Battle Creek International Airport, along a retail corridor. It sits one-third mile south of the I-94 and Portage Road interchange.

Key Highlights

  • Planned redevelopment into Class A office space
  • Can be leased as a whole or divided for smaller users
  • Shared lobby, conference room, kitchenette, restrooms, and outdoor patio planned

Property Analytics

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Open Analytics

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
View Realmo Analytics

Market

Lease Benchmarks for Portage, MI

$24.53 /SF/Yr
Avg Asking Price
$9–$67 /SF/Yr
Price Range
7,502 SF
Avg Space Size

This space is priced 18% below the average of $24.53 /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

Frequently Asked Questions

What type of property is this?
Office unit - Planned improvements include shared access to a lobby, conference room, kitchenette, restrooms, and outdoor patio.
Where is this office unit located?
The property is located at 5402 Portage Road #B 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 redevelopment into Class A office space; Can be leased as a whole or divided for smaller users; Shared lobby, conference room, kitchenette, restrooms, and outdoor patio planned
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