Build-To-Suit/Ground Lease Opportunity Stadium Drive & S 9th Street

Stadium Drive and S 9th Street is an approximately 3.02-acre build-to-suit/ground lease opportunity in the heart of the Kalamazoo retail corridor, just north of Interstate 94, near Kalamazoo Valley Community College. This is prime real estate for a drug store, drive-thru eatery/café, bank with drive-thru access, medical office, urgent care, or other retail/medical 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 Stadium Drive, the site offers unmatched brand exposure with visibility to over 44,713 daily drivers on S 9th Street and Stadium Drive. Synonymous with experiential dining and destination shopping, Corner@Drake is a five-minute drive. Customers will appreciate the easy ingress and egress through multiple possible entrances in addition to the ability for ample parking and a signalized intersection. 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 116,616 people lives within a five-mile radius of the property, with the average household income exceeding $81,611. Oshtemo residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 10 minutes southwest of Downtown Kalamazoo, the Oshtemo area has been rapidly growing with a projected population growth of 3.2% over the next five years. Together these residents make up a total annual consumer spending of nearly $2.1 billion, almost $200 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.