S Westnedge Avenue Retail Space for Lease

Shopping Center for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 29718303
Property Subtypes: Grocery-Anchored
Contiguous Space: 1,600 - 3,240 SF
Building Size (RSF): 46,054 SF
Gross Land Area: 3.37 Acres
Lease Rate: $22 PSF (Annual)
Base Monthly Rent: $2,933
Lease Types: NNN
Building Name: Westnedge@Kilgore Shopping Center
Usable Size (USF): 46,054 SF
Core Factor: 1%
Last Updated: 9/14/2021

Overview / Comments

Westnedge@Kilgore is a newer shopping center located in Portage, Michigan, just north of Interstate 94, near the highly affluent Oakwood Neighborhood. Constructed in 2015, the high-end regional center offers excellent retail and service-based office space opportunities, including fully built-out or customized spaces to suit user’s needs. Strategically located along S Westnedge Avenue, in an expanding retail corridor, this magnificent center features a modern façade with inviting storefronts, extensive landscaping, and decorative vegetation that makes for an ideal location for the community to shop. Several national brands already make their home there, including grocery-anchor Earth Fare and co-anchor HomeGoods. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled local property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed spaces. Tenants in this center enjoy prominent brand exposure from the more than 46,894 daily drivers that pass through the intersection of W Kilgore Road and S Westnedge Avenue, which is one of the busiest intersections in Kalamazoo County. Pylon and building signage opportunities are available in what may be the most impactful and prominent area of Portage for retail branding opportunities. The center also benefits from the area’s dense retail including Lowes, and Meijer across the street. Synonymous with destination shopping, The Crossroads is an eight-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking and a signalized intersection. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 150,770 people lives within a five-mile radius of the property, with the average household income exceeding $70,091.

Expand All 2 Spaces Available

Suite: 5076 1,600 SF $22 PSF (Annual) NNN
Suite: 5080 1,640 SF $22 PSF (Annual) NNN

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket Type: Suburban
Taxing Authority: City of Portage
Tax ID/APN: 03960-005-D
Zoning: CPD - COMMERCIAL PLANNED DEVELOPMENT
Market Type: Medium
Retail Clientele: General
Property Located Between: S Westnedge Avenue and W Kilgore Road
Side of Street: Southwest
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: S Westnedge Avenue
Feet of Frontage: 447
Traffic/Vehicle Count: 46,894
Highway Access: Interstate 94 - 0.4 Miles
Airports: Kalamazoo/Battle Creek International Airport - 3.0 Miles
Area Description: Having built itself up as an economic powerhouse thanks to the production of pharmaceuticals by Pfizer, including the COVID-19 vaccine, and the development of medical technologies by locally based Stryker Corporation, Portage has become one of the most affluent and desirable suburbs in West Michigan. Portage residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 10 minutes south of Downtown Kalamazoo, the Portage area has been rapidly growing with a projected population growth of 3.0% over the next five years. Together these residents make up a total annual consumer spending of over $3.1 billion, almost $350 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Portage and make it an excellent area to locate a company.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 46,054 SF
Property Condition: Excellent
Year Built: 2015
Roof Type: Flat
Construction/Siding: Block, Brick, HardiePlank Siding, Metal/Glass, Steel Frame, Stucco
Exterior Description: This magnificent center features a modern façade with inviting storefronts, extensive landscaping, and decorative vegetation that makes for an ideal location for the community to shop.
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking and a signalized intersection.
Total Parking Spaces: 182
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Internet Access: Cable, T1/T3, Fiber Optic
Zoning Description: The Commercial Planned Development district permits a mixture of office, commercial and service land uses in a planned manner and permits flexibility in building design, building placement and other site design elements.
Part of Planned Development?: Yes
Lot Frontage: 447'
Lot Depth: 401'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ALL THAT PART OF TH E NE 1/4 OF SEC 4-3-11 AND A PART OF LOTS 4, 5, 6, 7, AND 8, KILGORE PLAT, LIBER 17 OF PLATS, PAGE 51, KALAMAZOO COUNTY RECORDS, DESCRIBED AS: COMM AT THE NE CORNER OF SD SEC 4; TH N 88.42'21" W ALG THE N LN OF SD SEC A DISTANCE OF 302.84 FT; TH S 00.48'31" W A DISTANCE OF 33.00 FT TO THE SOUTHERLY ROW OF KILGORE STREET (66 FT WIDE. PUBLIC) AND THE NE CORNER OF LOT 4, KILGORE PLAT; TH N 88 -12'21"W ALG SD ROW A DISTANCE OF 127.34 FT TO THE POB; TH S 01.17'39" W A DISTANCE OF 30.00 FT: TH N 88.42'21" W A DISTANCE OF 18.00 FT; TH S 01.18'13"W A DISTANCE OF 175.45 FT; TH S 88.41'41" E A DISTANCE OF 165.72 FT; TH S 01.24'12" W A DISTANCE OF 241.53 FT; TH N 88.41'41" W A DISTANCE OF 401.12 FT TO THE WESTERLY LN OF LOT 8, KILGORE PLAT; TH N 00'43'40" E ALG SD WESTERLY LN A DISTANCE OF 195.27 FT; TH S 88.39'01" E A DISTANCE OF 213.75 FT; TH N 01.18'42" E A DISTANCE OF 221.88 FT; TH N 88.42'21" W A DISTANCE OF 18.00 FT; TH N 01.17'39" E A DISTANCE OF 30.00 FT TO THE SOUTHERLY ROW OF KILGORE STREET; TH S 88.42'21" E ALG SD ROW OF KILGORE STREET A DISTANCE OF 60.00 FT TO THE POB. (2.142 ACRES)SPLIT/COMBINED ON 08/10/2018 FROM 03960-005-B, 00004-005-A;

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,825 86,073 166,151
Median Age: 37.22 33.72 34.1
Households: 3,953 34,512 67,742

Contact

Photograph of Listing Agent

Cole Rathbun

Hinman Company CARWM Member
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