Property profile

1000 Cork Street Ct Kalamazoo, MI 49001

OFF-MARKET
Retail properties & Spaces
39,956 SF 3.27 ac lot Built 1960
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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

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Discount Store Party Supply Store
  • Bank Credit Union
  • Grocery & Convenience Store Food Market

Location

1000 Cork Street Ct Kalamazoo, MI 49001
Kalamazoo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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