Offering Memorandum
Investment Sale
Campus Pointe
2618 W Michigan Ave
Kalamazoo, Michigan
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
3005 Boardwalk Dr
Ann Arbor, Michigan
$5,500,000 | 45,390 SF
Ann Arbor, Michigan
$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan
Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Livonia, Michigan
Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF