Offering Memorandum

Investment Sale

Campus Pointe

2618 W Michigan Ave
Kalamazoo, Michigan

eCode:075i

Sales Price

$7,340,385

NOI

$513,827

Cap Rate

7.00%

Building Size

28,050 SF

Lot Size

3.01 AC

Year Built

1983 / 2005 Renovation

Zoning

CN-1

Tenant Roster

  • Rally House
  • Subway
  • Domino’s Pizza
  • Insomnia Cookies
  • Shibam Coffee
  • Campus Wok
  • East Egg
  • Load A Spud
  • Wild Side Smoke Shop
  • 4×4 Grill
  • Winghut
  • Discount Den
  • Que Buenos Mexican
  • Underground Printing

Traffic Count

W Michigan Ave (16,735 CPD)
Howard St (10,451 CPD)

Highlights

  • Premier Retail Location on Campus of Western Michigan University
  • New University Driven Development
  • Captive Shopper Audience
  • Diverse Service-Focused Tenant Line Up
  • Kalamazoo: Fast Growing Innovative City

Radius 1 mile 3 mile 5 mile
Population Density 17,790 85,464 147,192
Household Income $75,535 $80,118 $87,061
Daytime Pop 3,479 34,478 66,440

SIMILAR PROPERTIES

Multi-Tenant
1500 Greentree Blvd
Clarksville, Indiana

$7,058,824 | 112,437 SF
Single-Tenant
33703 Van Dyke Ave
Sterling Heights, Michigan

$3,627,787 | 7,170 SF
Single-Tenant
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement