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Flexible Office Space Available
For Lease
$17.50 SF/Yr

D-501 W Willard St, Kalamazoo, MI 49007

Office suites near Downtown Kalamazoo with multiple layout options.

Space SizeContact for details
Days on Market110

Property Features for D-501 W Willard St

General Information

Standard status Active
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Source: Exprealty
Added: May 13 Changed: Aug 25 Last Checked: Aug 29 at 2:39PM

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 Kalamazoo Commercial Real Estate

Investment Insights

Based on property information with market context.

The property at 501-505 W Willard Street provides a flexible office opportunity near Downtown Kalamazoo, situated across from the Kalamazoo Event Center. The building is currently divided into two suites, offering up to four potential layout options suitable for office users. It features ample on-site parking and visibility at the corner of Westnedge Avenue and Willard Street. Suite 501 W Willard comprises 2,595 square feet of modern office space, fully renovated in 2020. It features an open floorplan with natural light, a reception area, five private offices, a kitchenette, a conference room, and a glass overhead door that opens to a private fenced courtyard. Suite 505 W Willard offers approximately 10,000 square feet, currently built out for a media company. This suite includes two large studios, one with an overhead door, a screening room, open and private offices, meeting areas, and a 1950s diner-style kitchen and lounge.

Key Highlights

  • Flexible office opportunity with up to four potential layout options.
  • Ample onsite parking and high visibility at the corner of Westnedge Avenue and Willard Street.
  • Located near Downtown Kalamazoo and across from the Kalamazoo Event Center.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Real Estate Agency Auto Parts Store Gym & Fitness Center

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,119
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$20.21 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
9,679 SF
Avg Space Size

This space is priced 13% below the average of $20.21 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suites near Downtown Kalamazoo with multiple layout options.
Where is this office units located?
The property is located at D-501 W Willard St Kalamazoo, MI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Flexible office opportunity with up to four potential layout options.; Ample onsite parking and high visibility at the corner of Westnedge Avenue and Willard Street.; Located near Downtown Kalamazoo and across from the Kalamazoo Event Center.
More about this property
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