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This is the BUSIEST intersection in the Kalamazoo-Portage, Michigan market with traffic counts near 68,000 vehicles per day. Conveniently located between US-131 and Western Michigan University, the shopping center is minutes from downtown Kalamazoo. This property offers three points of access onto Drake Road and one onto West Main (M-43). The surrounding area consists of mature homes in well-established neighborhoods, and major retailers including Target, Lowe's, Kohl's, Pier One, and Hobby Lobby among others.
The current availability is 4,700 SF of former restaurant space complete with inlay ceiling, 20 tons HVAC, 600 amps of electrical, washable walls and ceiling in the former kitchen area, 2 restrooms, and plumbing upgrades. The commercial space in Kalamazoo is ideal for a new restaurant or an established one that is looking to increase its size or to add a location. To schedule an appointment, contact a leasing agent today. - Parking description: Tons of parking available in front of buildings. - Area description: Minutes away from Kalamazoo College and Western Michigan University, as well as Downtown Kalamazoo and a large residential community. - Building condition: Excellent - Tenancy: Multiple Tenants
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The typical asking rate per listing is in the $10's per square foot per year. The Kalamazoo region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
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