Restaurant & Retail Sites

Vacant Land for Lease
Catylist Listing ID: 910748
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 1.92 - 1.99 Acres
Lease Rate: $1 Per Acre (Annual)
$0 PSF (Annual)
Base Monthly Rent: $0.16 - 0.17
Lease Types: NNN
Adjacent Parcels Available: Yes
Last Updated: 10/4/2017

Overview / Comments

The Trade Centre is located on the corner of `Main & Main` in Southwest Michigan. With traffic counts of 80,000 per day on I-94 & 45,000 per day on Westnedge, the visibility at this location is unparalleled in this market. Signage opportunities on Westnedge and I-94. Ideal uses are first class - Office, Retail, Restaurant, Lodging, etc. There are two restaurant/retail sites available for a build-to-suit or land lease.There is great visibility from I-94 and South Westnedge Avenue. The Trade Centre development is also home to two existing Class A office buildings (a third is under construction), a Courtyard Marriott, and a Hilton Homewood Suites.

This property is not for sale but is being marketed as a build to suit or land lease. Listing price quoted herein is the annual payment per acre for a land lease. Ownership is not motivated to sell this property, but will consider all serious offers. More details and pricing.

SPECIAL NOTES: 1/2 commission paid 30 days after lease execution, 1/2 upon rent commence. Renewal commissions only paid to tenant`s broker if continue to act as tenant`s exclusive broker of record. Full commission rate paid yrs 1-5, 50% yrs 6-10, none after 10 yrs. Subject to LL approval of Tenant`s use & credit.

LANDLORD PROVIDES: None

TENANT PROVIDES: A/C, Electric, Gas/Heat, Insurance, Phone, Janitorial, Refuse Removal, Sewer, Snow Removal, Taxes, Water

Attachments & Media

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket/Township: Other area
Tax ID/APN: 39-09-04
Zoning: CPD
Market Type: Large
Road Type: Paved
Property Visibility: Excellent
Site Description: n/a
Area Description: The Trade Centre development is located within the City of Portage and takes advantage of beautiful views of wetlands and woods to the North, while maintaining its prominence and visibility to over 30 million cars per year traveling on I-94. The location of the property places it at the epicenter of trade between Detroit, Chicago, Grand Rapids, and South allows for an easy commute for both employees and clients located anywhere in the Greater Kalamazoo area and other Southwestern Michigan communities. The development also features convenient access to I-94, US-131, and the Kalamazoo-Battle Creek International Airport. Additionally, Trade Centre is located on the main Westnedge retail corridor of Portage with many quality restaurant choices, Meijer, Earth Fare, and other retailers’ only minutes away.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,363 73,636 159,609
Median Age: 38.05 35.36 33.82
Households: 3,608 30,845 65,074

Contact

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