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$ 3,995,000
Est. payment /mo
Active
4775 Campus DR Kalamazoo City, MI 49008
8 Baths
23,059 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,059 sqft
Price per Sqft $173
MLS Listing ID 66026008970
Year Built 2002
Lot Size 5.050 Acres
Acres 5.05
Property Description
FOR SALE: Class A 23,059 SF R&D office building located within Western Michigan University's Business Technology and Research Park in Kalamazoo. The property features extensive window lines and a flexible floor plan with a mix of private offices and open work areas. The building is 87% leased to long-time tenants including EPS Security, StructureTec, and Jones & Henry Engineering, with one suite recently vacated due to tenant expansion and currently being marketed for lease. Positioned minutes from US-131 and I-94 with direct proximity to Western Michigan University's College of Engineering, providing access to a strong regional talent pipeline. Building is zoned CBTR - Commercial, Business, Technology, and Research in City of Kalamazoo. Sale price is based on 7.7% cap rate and 13% vacancy rate. Contact agent for confidentiality agreement to receive additional information. Contact Jodi Milks, CCIM, NAI Wisinski of West Michigan, at (269) 207-1040 or via email at jodim@naiwwm.com foradditional information.
Location
State MI
County Kalamazoo
Area Area39062Kalamazoo
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, Paved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Rubber
Building
Foundation ConcretePerimeter, None, Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Lease
Listing Terms Cash, Lease
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Listed by Jodi K Milks of NAI Wisinski of West Michigan