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Kalamazoo, MI - Jiffy Lube Listing Details & Market Data

980 N. 9th Street, Kalamazoo, MI 49009

  • For Sale $3,784,000
  • Property Type Retail - Freestanding
  • Property Size 4,300 SF
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Mar 28, 2022
Jiffy Lube is strategically located near the signalized, hard corner intersection of W. Main Street and N. 9th Street, averaging a combined 39,400 vehicles passing by daily. The property benefits from nearby direct on/off ramp access to U.S. Highway 131 (47,900 VPD), a major north-south commuter route spanning over 260 miles and running directly through central Michigan. The site is also 5 miles west of Downtown Kalamazoo, making this an ideal, centralized location with easy commutes for both employees and customers. Jiffy Lube is ideally situated as an outparcel to a 217,000 SF Meijer anchored center. Other nearby national/credit tenants include Menards, Walmart Supercenter, Target, Kohl’s, Marshalls, Aldi, PetSmart, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Furthermore, the property is near numerous single-family communities and multi-family complexes including Canterbury House Apartments (192 units), Summer Ridge (248 units), Nottingham Place (283 units), and more, providing a direct residential consumer base from which the site can draw. The 5-mile trade area is supported by over 87,000 residents and 47,300 daytime employees, with an average annual household income of $70,737. Residents within a one-mile radius boast an affluent average household income of $103,071.
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Location

  • City Kalamazoo, MI
  • Neighborhood Westport
  • Zip Code 49009
  • Market Grand Rapids

Contacts

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

Contact Listing Broker

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

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