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Former Laboratory and Office Facility

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
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.

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 (±1% cap)
NOI $212,322 @ 7.0% cap · market cap 12.05%
Second Best
Office B
$2.02M
$1.76M – $2.35M (±1% cap)
NOI $141,065 @ 7.0% cap · market cap 8.01%
Theoretical Best
Warehouse
$3.68M
$3.22M – $4.30M (±1% cap)
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

Suggested Use

Dental Office Auto Repair Shop Restaurant Law Firm Hair Salon Auto Parts Store Spa & Massage Center Nail Salon Pharmacy Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

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
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