S Kalamazoo Mall Portfolio Office FOR SALE


Kalamazoo, MI - Downtown Kalamazoo
$2,800,000 USD
269-930-1679
, Kalamazoo, MI for Sale
$2,800,000 USD
Office - FOR SALE
1/24
null | 8.78% Cap Rate

S Kalamazoo Mall Portfolio
Kalamazoo, MI
Downtown Kalamazoo


HIGHLIGHTS

  • Centrally located property within Downtown Kalamazoo’s vibrant business and cultural district.
  • Leased to Acrisure, a global insurance and fintech leader with operations in more than 20 countries.
  • Part of a rapidly developing downtown corridor featuring over $500 million in new planned investments.
  • Three-story brick construction with attached municipal parking and full basement.
  • Located near major amenities, dining, and retail destinations along S Kalamazoo Mall.
  • Includes additional adjacent parcel at 126 E South Street, enhancing expandability and accessibility.

OVERVIEW

Acrisure, a top-10 global insurance brokerage and fintech platform with $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. Additionally, Downtown Kalamazoo continues to grow with development of the new $500M + area / event center just blocks away. Sale also includes 126 South Street, which is immediately adjacent. Long-term historical tenancy with upside, plus the anchor of Acrisure make this an attractive investment offering! This property’s location aligns with Kalamazoo’s ongoing downtown revitalization, which includes over $500 million in planned and active developments spanning hospitality, events, and mixed-use expansions. Tenants benefit from connectivity to numerous amenities, including retail, dining, arts venues, and municipal infrastructure. With an estimated NOI of $245,784 and secure tenancy in place, this asset represents durable income performance and potential upside through continued area growth. Offered at a reduced price of $2,800,000, 315 S Kalamazoo Mall presents a prime opportunity for investors seeking a stable, centrally located office property in a growing Midwest market.

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.