• Family Health Center - Paterson Street Campus
  • Family Health Center - Paterson Street Campus
  • +1 image Family Health Center - Paterson Street Campus
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Family Health Center - Paterson Street Campus Listing Details & Market Data

Off-Market

117 West Paterson Street, Kalamazoo, MI 49007

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  • Property Type Office - Medical Office
  • Property Size 75,000 SF
  • Lot Size 4.33 Acre
  • Parking Spaces Avail. 225
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1971

Location

  • City Kalamazoo, MI
  • Neighborhood Northside Kalamazoo
  • Zip Code 49007
  • Market Grand Rapids

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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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

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