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3904 S Westnedge Ave
Kalamazoo, MI 49008
Build-To-Suit/Ground Lease Opportunity · Land For Lease
Highlights
- An approximately 0.34-acre build-to-suit/ground lease opportunity in the heart of the Kalamazoo retail corridor, just north of Interstate 94.
- Location visible to approximately 27,301 vehicles per day on S Westnedge Avenue.
- Parcel visibility equivalent to billboard advertising costs of $51,917 per year.
- Retail trade area serves a population of over 782,010 people and 42,788 higher education students.
- Over 1,000,000 SF of critical retail and restaurant mass adjacencies to parcel.
- Skilled local property management works diligently to ensure the success of tenants by providing a professional, well-maintained environment.
Property Overview
3904 S Westnedge Avenue is an approximately 0.34-acre build-to-suit/ground lease opportunity in the heart of the Kalamazoo retail corridor, just north of Interstate 94. This is prime real estate for a drive-thru eatery/café, bank with drive-thru access, or other retail options. 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 developments. Strategically located along S Westnedge Avenue, the site offers unmatched brand exposure with visibility to over 27,301 daily drivers on S Westnedge Avenue. The site also benefits from the area’s surrounding retail. Synonymous with destination shopping, The Crossroads is an nine-minute drive. Customers will appreciate the easy ingress and egress through an existing drive-thru loop. Users will benefit from the area’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 155,178 people lives within a five-mile radius of the property, with the average household income exceeding $67,981. South Kalamazoo residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 5 minutes south of Downtown Kalamazoo, the South Kalamazoo area has been rapidly growing with a projected population growth of 2.8% over the next five years. Together these residents make up a total annual consumer spending of nearly $3.2 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 Kalamazoo and make it an excellent area to locate a company. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.