MLS # 26008970 (Michigan Regional Information Center (MichRIC))

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 [email protected] for
Source: SparkMLS
8-bath home in Kalamazoo in Kalamazoo built in 2002.
Asking $3,995,000.
Annual property taxes run approximately $95,283 ($7,940/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
KALAMAZOO COUNTY CONDOMINIUM SUBDIVISION PLAN NO. 134 Recorded at 2001-018722 WESTERN MICHIGAN UNIVERSITY BUSINESS, TECH
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jodi K Milks
NAI Wisinski of West Michigan
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4775 Campus Drive, Kalamazoo, MI 49008
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Municipality
Kalamazoo
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