Prime Portage Retail
For Lease
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5024 S Westnedge Avenue, Portage, MI 49002
0.40-acre build-to-suit/ground lease opportunity in Portage, Michigan.
Space Size17,424 SF
Lot Size0.40 Acres
Days on Market1957
Property Features for 5024 S Westnedge Avenue
General Information
Standard status
Active
Size
17,424 SF
Lot size
0.40 Acres
Property subtype
Land
Building Details
Tenancy
Single
Spaces For Lease
at 5024 S Westnedge Avenue Contact us- Size
- 17,424 SF
- Type
- Land
- Availability
- Active
Available Space
Listing Agency:
Hinman
(269) 342-8600
Listed By:
Richard MacDonald · License #MI 6502139657
Source:
Crexi
Added: Apr 23, 2021
Changed: Aug 14
Last Checked: Aug 31 at 7:54AM
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 Hinman
Investment Insights
Based on property information with market context.
Located in the heart of the Portage retail corridor, just north of Interstate 94, this approximately 0.40-acre site at 5024 S Westnedge Avenue presents a build-to-suit or ground lease opportunity. The location is suitable for a drive-thru eatery or café, a bank with drive-thru access, urgent care, or other retail or medical options. Situated along S Westnedge Avenue, the site benefits from high visibility, with over 46,894 daily drivers on W Kilgore Road and S Westnedge Avenue. The property is located near Lowe's, Earth Fare, HomeGoods, and Meijer. The Crossroads shopping area is an eight-minute drive away. The location offers easy access and ample parking. A population of over 150,770 people resides within a five-mile radius of the property, with an average household income exceeding $70,091. Portage has become one of the most affluent and desirable suburbs in West Michigan. The Portage area has been rapidly growing with a projected population growth of 3.0% over the next five years. Residents account for a total annual consumer spending of over $3.1 billion, almost $350 million of which was on food and drinking establishments last year. The property is located about 10 minutes south of Downtown Kalamazoo.
Key Highlights
- Unmatched brand exposure with visibility to over 46,894 daily drivers.
- Located in the heart of the Portage retail corridor, near major retailers.
- 0.40‑acre build‑to‑suit/ground lease opportunity suitable for various options.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.40-acre build-to-suit/ground lease opportunity in Portage, Michigan.
Where is this commercial land located?
The property is located at 5024 S Westnedge Avenue Portage, MI.
What are key features of this property?
This property features: Unmatched brand exposure with visibility to over 46,894 daily drivers.; Located in the heart of the Portage retail corridor, near major retailers.; 0.40‑acre build‑to‑suit/ground lease opportunity suitable for various options.
