4775 Campus Dr - Office FOR SALE


Kalamazoo, MI 49008
$3,995,000 USD
269-207-1040
4775 Campus Dr, Kalamazoo, MI for Sale
$3,995,000 USD
Office - FOR SALE
1/38
null | 7.7% Cap Rate

4775 Campus Dr
Kalamazoo, MI 49008


HIGHLIGHTS

  • Class A, 23,059 SF office building featuring extensive window lines and a flexible floor plan with a combination of private offices and open work area
  • 87% leased to include long time tenants: EPS Security, StructureTec, and Jones & Henry Engineering. One suite recently vacated due to tenant expansion
  • Located within WMU's Business, Technology, and Research Park, minutes from US_131 and I-94

OVERVIEW

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 for additional information.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Initech Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

3.8 AC

LAND SF

165,528 SF

ZONING

CBTR

APN/PARCEL ID

06-31-110-013

ASK ABOUT THIS PROPERTY

Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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