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    OFF-MARKET
    Retail properties & Spaces

    1000 Cork Street Ct, Kalamazoo, MI 49001

    39,956 SF 3.27 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail space, Unit 32, is located within the established Cork Lane Shopping Center in Kalamazoo, Michigan. The 5,600 square foot endcap unit is situated at the corner of Cork Street and Lovers Lane, benefiting from high visibility and accessibility. The building, constructed in 1960 and renovated in 1999, offers a total of 39,956 square feet and comprises five suites. The property sits on 3.27 acres of land and includes 100 parking spaces. The shopping center boasts a strong tenant mix, including long-term occupants such as Libin's, Corey's Bootery, Labor of Love Scrubs, and Harding's Market. This location is zoned C - Commercial Neighborhood (APN: 39000635101005) and offers excellent exposure to a dense residential area. The property is served by Kalamazoo County and has a Kalamazoo, MI 49001 zip code. Note that the occupancy date is dependent on the current tenant's lease termination. This is a rare opportunity to secure a prime retail space in a well-established and thriving shopping center. No elevators are present on the property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 39,956 SF
    Lot 3.27 ac (142,441 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Coinstar Bank Credit Union
    • Jakes Fireworks Discount Store Party Supply Store
    • Western Union Bank Credit Union
    • Harding's Market Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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