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3002 North Burdick Street Listing Details & Market Data

Off-Market

3002 North Burdick Street, Kalamazoo, MI 49004

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 442,462 SF
  • Lot Size 18.42 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1946

Location

  • City Kalamazoo, MI
  • Neighborhood Westwood
  • Zip Code 49004
  • Market Grand Rapids

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Kalamazoo

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kalamazoo Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.37
  • 2020 Office Vacancy Rate 13.49%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2021 $112,053
  • Market Value* $3,441,000
  • Assessed Value $3,441,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.