Retail Space Near Key
For Lease
$18 SF/Yr
308 N Drake Rd, Kalamazoo, MI 49006
Retail and restaurant spaces with easy access and ample parking.
Space SizeContact for details
Days on Market1333
Property Features for 308 N Drake Rd
General Information
Standard status
Active
Property subtype
Retail
Zoning
CN-1
Lease Type
NNN
Amenities
Water
Sewer
Building Details
Year Built
2006
Spaces For Lease
at 308 N Drake Rd
Available Space
$18/Mo
Listing Agency:
Plazacorp Realty Advisors, Inc.
Listed By:
Trisha Kidd
(269) 998-4385
Source:
Carwm.resimplifi
Added: Feb 22, 2023
Changed: Oct 3
Last Checked: Oct 16 at 5:44AM
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 Plazacorp Realty Advisors, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property is positioned near the number one intersection in Southwest Michigan, specifically near the corner of Drake Road and West Main. The location offers easy accessibility and ample parking.
Key Highlights
- Located near the #1 intersection in Southwest Michigan.
- Prime corner of Drake and West Main location.
- Easy accessibility.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 43%
Home Improvements & Furnishings 30%
Dining 16%
Shops & Services 7%
Kohl's
Apparel
37,335 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
23,854 visits/mo
0.3 miles
Blaze Pizza
Dining
11,518 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,376 visits/mo
0.4 miles
Wingstop
Dining
2,363 visits/mo
0.4 miles
Demographics for 49006, MI
25,119
Population
12,093
Households
2.1
Avg Household Size
27
Median Age
44%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
4,187
Density / Sq Mi
$45,617
Median Household Income
$18,710
Median Earnings
$991
Median Rent
$198,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Kalamazoo, MI
$16.12 /SF/Yr
Avg Asking Price
$7–$29 /SF/Yr
Price Range
16,050 SF
Avg Space Size
This space is priced 12% above the average of $16.12 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail property - Retail and restaurant spaces with easy access and ample parking.
Where is this retail property located?
The property is located at 308 N Drake Rd Kalamazoo, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Located near the #1 intersection in Southwest Michigan.; Prime corner of Drake and West Main location.; Easy accessibility.
