Former Laboratory and Office
6710 Quality Way Portage, MI 49002
6710 Quality Way, Portage, MI, 49002
$1,762,000
For Sale
$1,762,000
Purpose-built research and testing facility with specialized lab buildout, office space, and industrial loading access.
Property Size14,075 SF
Lot Size1.84 Acres
Price / SF$125.19
Days on Market49
Property Features for 6710 Quality Way
General Information
- Standard status
- Active
- Size
- 14,075 SF
- Lot size
- 1.84 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2001
Listing agency
NAI Wisinski of West Michigan
(269) 353-0311
Listed by
Jodi K Milks · License #6506044331
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 5:52AM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
Former laboratory facility totaling 14,075 SF with approximately 3,000 SF of office space, built to support research and testing operations. The property includes an existing lab buildout with three vivariums, a surgery room, an industrial wash rack, and specialized support areas. Office components include private offices, a conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers. Clearspan ceiling heights range from 17'10" to 20'9", supported by building infrastructure with 300 KVA, 3-phase power, and an onsite backup generator. Security is EPS monitored. The site has one truck well and two grade-level overhead doors.
The property is situated on 1.837 acres in the City of Portage and is zoned I-1 Light Industrial. It offers convenient access to I-94, supporting efficient movement for lab and industrial operations.
This facility is well-suited for operators seeking a light industrial property already configured for laboratory use, including specialized animal housing areas and associated support space. It also provides dedicated office accommodations, conference space, and building systems designed for continuous operational needs. Some lab equipment may be included in the sale.
The property is situated on 1.837 acres in the City of Portage and is zoned I-1 Light Industrial. It offers convenient access to I-94, supporting efficient movement for lab and industrial operations.
This facility is well-suited for operators seeking a light industrial property already configured for laboratory use, including specialized animal housing areas and associated support space. It also provides dedicated office accommodations, conference space, and building systems designed for continuous operational needs. Some lab equipment may be included in the sale.
Key Highlights
- 14,075 SF former laboratory facility built in 2001 with 3,000 SF office on 1.837 acres in the City of Portage
- Purpose‑built lab buildout includes three vivariums, surgery room, industrial wash rack, and specialized support areas
- Office amenities include private offices, conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $202.7k | $14.40 |
| − Vacancy | −$14.6k | −$1.04 |
| EGI | $188.1k | $13.36 |
| − OpEx | −$47.0k | −$3.34 |
| NOI | $141.1k | $10.02 |
14,075 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Industrial
$3.03M
$2.65M – $3.54M
NOI $212,322 @ 7.0% cap · market cap 12.05%
Second Best
Office B
$2.02M
$1.76M – $2.35M
NOI $141,065 @ 7.0% cap · market cap 8.01%
Theoretical Best
Warehouse
$3.68M
$3.22M – $4.30M
NOI $257,820 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Purpose-built research and testing facility with specialized lab buildout, office space, and industrial loading access.
Where is this manufacturing property located?
The property is located at 6710 Quality Way Portage, MI.
What is the asking price?
The asking price for this property is $1,762,000.
What are key features of this property?
This property features: 14,075 SF former laboratory facility built in 2001 with 3,000 SF office on 1.837 acres in the City of Portage; Purpose‑built lab buildout includes three vivariums, surgery room, industrial wash rack, and specialized support areas; Office amenities include private offices, conference room, mezzanine workspace, locker rooms, and multiple restrooms with showers