315 S Kalamazoo Mall - Office FOR SALE


Kalamazoo, MI 49007- Downtown Kalamazoo
$3,000,000 USD
269-930-1679
315 S Kalamazoo Mall, Kalamazoo, MI for Sale
$3,000,000 USD
Office - FOR SALE
1/30
null | 8.19% Cap Rate

315 S Kalamazoo Mall
Kalamazoo, MI 49007
Downtown Kalamazoo


HIGHLIGHTS

  • Long-term Burnham & Flowers Headquarters - 20 years
  • Michigan based global platform
  • Sale MUST include 126 E South Street, Kalamazoo

OVERVIEW

Acrisure, a top-10 global insurance brokerage and fintech platform with more than $4 billion in annual revenue and operations in 20+ countries, occupies the property following its acquisition of Burnham & Flower, which had been headquartered here for approx. two decades. This seamless transition reflects the buildings long-standing, mission-critical insurance use and provides investors with stable tenancy backed by one of the worlds largest privately held insurance brokerages. Sale additionally includes 126 South Street. Long-term historical tenancy with upside!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

8.19%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

315 S Kalamazoo Mall & 126 E South Street

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

D-1

APN/PARCEL ID

06-15-391-204,06-15-392-203

ASK ABOUT THIS PROPERTY

Derek WissnerCallander CommercialMore Info
269-930-1679

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Derek WissnerCallander CommercialMore Info
269-930-1679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.