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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, or via email for additional information.
Features
Age: 21-30 Years Old
Amenities: Cable Ready
Building Units: 4
Cooling System: Central Air
Exterior Type: Metal Siding
Heating System: Forced Air
Legal Description: KALAMAZOO COUNTY CONDOMINIUM SUBDIVISION PLAN NO. 134 Recorded at 2001-018722 WESTERN MICHIGAN UNIVERSITY BUSINESS, TECH