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Portage Industrial Building For Lease
For Lease
$7 SF/Yr

9702 Portage Rd Entire Bldg, Portage, MI 49002

10,520 SF industrial building with recent updates in Portage, MI.

Space SizeContact for details
Lot Size0.89 Acres
Days on Market112

Property Features for 9702 Portage Rd Entire Bldg

General Information

Standard status Active
Lot size 0.89 Acres
Property subtype Commercial

Building Details

Year Built 1949
Units 1
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6504368846
Source: Elliman
Added: Apr 24 Changed: Aug 10 Last Checked: Aug 13 at 9:36AM

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.

This 10,520 square foot light industrial building is situated on 0.89 acres in Portage, Michigan, conveniently located minutes from I-94 and US-131. The property benefits from excellent visibility, fronting Portage Road. It features a loading dock, a large overhead door, and clear span ceilings, with 15 feet in most areas and one area reaching 25 feet. Recent improvements include new HVAC in the front offices, updated drywall, two refreshed bathrooms, and an employee shower. The building includes 5-inch concrete floors throughout, along with new concrete at the rear overhead door. The main open area has a sloped floor towards dual trench drains. The functional layout is suited for a range of industrial uses. The lease term is up to 120 months.

Key Highlights

  • Excellent visibility on Portage Road.
  • Convenient location minutes from I‑94 and US‑131.
  • 10,520 SF light industrial building on 0.89 acres.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Nail Salon

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
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Portage, MI

$10.15 /SF/Yr
Avg Asking Price
$7–$22 /SF/Yr
Price Range
12,143 SF
Avg Space Size

This space is priced 31% below the average of $10.15 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 10,520 SF industrial building with recent updates in Portage, MI.
Where is this flex space located?
The property is located at 9702 Portage Rd Entire Bldg Portage, MI.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Excellent visibility on Portage Road.; Convenient location minutes from I‑94 and US‑131.; 10,520 SF light industrial building on 0.89 acres.
More about this property
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