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
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
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$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Single-Tenant
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$18,181,416 | 114,830 SF
Auburn Hills, Michigan
$18,181,416 | 114,830 SF