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Prime Retail Space Available
For Lease
$12.95 SF/Yr Modified Gross

5015 E Michigan Ave, Kalamazoo, MI 49048

High-traffic mixed-use property with great parking and signage.

Space SizeContact for details
Days on Market611

Property Features for 5015 E Michigan Ave

General Information

Standard status Active
Property subtype Retail
Lease Type Modified Gross

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 2005

Spaces For Lease

at 5015 E Michigan Ave Contact us

Available Space $12.95/Mo

Contact us
Listing Agency: Callander Commercial
Listed By: Matt Callander · License #6501303339
Source: Carwm.resimplifi
Added: Jan 22, 2025 Changed: Sep 23 Last Checked: Sep 24 at 6:46AM

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 Callander Commercial

Investment Insights

Based on property information with market context.

This mixed-use property is located on Sprinkle Road, a primary route connecting Kalamazoo and Richland. The available retail space is move-in ready and offers potential for attracting new customers and business growth. The property features parking and visible signage, and is surrounded by established businesses such as Biggby Coffee and Gerber Collision.

Key Highlights

  • High traffic location on Sprinkle Road, a primary artery between Kalamazoo and Richland.
  • Surrounded by established businesses like Biggby Coffee and Gerber Collision.
  • Great parking and visible signage.

Property Analytics

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Current Use

John Newton: Allstate ... Insurance Agency Fly Fit Pole ... Gym & Fitness Center Premier Partners Insurance ... Insurance Agency BIGGBY COFFEE Cafe & Coffee Shop Glass America Auto Repair Shop

Suggested Use

Top Pick Restaurant Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 49048, MI

25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kalamazoo, MI

$16.99 /SF/Yr
Avg Asking Price
$12.95–$19 /SF/Yr
Price Range
17,676 SF
Avg Space Size

This space is priced 24% below the average of $16.99 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Mixed-use property - High-traffic mixed-use property with great parking and signage.
Where is this mixed-use property located?
The property is located at 5015 E Michigan Ave Kalamazoo, MI.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: High traffic location on Sprinkle Road, a primary artery between Kalamazoo and Richland.; Surrounded by established businesses like Biggby Coffee and Gerber Collision.; Great parking and visible signage.
More about this property
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