5528 Portage Rd, Portage, MI 49002

Commercial property for lease

• Description
• Former Regional Headquarters - 45,870 rentable square feet with approximately 22,935 sq. ft. per floor on two (2) floors. Priced significantly lower than replacement costs at $76.30 psf. For the right user, there is a plug and play option with furniture and equipment included. The building includes two large training rooms and a raised floor electrical distribution system. The building structure was built in 2001 and is in excellent condition. The building is immediately across the street from the Kalamazoo / Battle Creek International Airport. The property also has close proximity access to major highway I-94. Property has a dedicated parking field with approximately 150 spaces offering a 3.27 / 1,000 parking ratio. Additional parking may be available in a separate easement with the adjacent property owner. The building is listed for lease at $11.75 NNN which would elicit an enhanced value at a 9 cap of close to $6 M. There is great signage exposure on Portage Road with close proximity to area amenities - hotels, restaurants, etc. Building price details: $3,650,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	150
  Parking Type:	Surface

• Contact info
• John A Mundell III, CPM, SIOR

  Marcus & Millichap
• Note

• Details Info about this row that located on 5528 Portage Rd, Portage, MI 49002 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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