Kalamazoo, Michigan, is a city that offers a unique blend of educational institutions, diverse economic history, and cultural attractions, making it an ideal location for a Commercial Real Estate Property For Lease. With a population of around 70,000, Kalamazoo provides a stable and growing market for businesses. The city is home to Western Michigan University, Kalamazoo College, and Kalamazoo Valley Community College, which attracts a large student population and creates a demand for commercial spaces. Additionally, Kalamazoo's diverse economic history, which includes industries like windmills, automobiles, paper products, and guitars, has led to the development of a strong infrastructure, including the Kalamazoo/Battle Creek International Airport, highways, and rail services. The city's cultural attractions, such as the Kalamazoo Institute of Arts, Kalamazoo Valley Museum, and Gilmore Car Museum, also make it an attractive location for businesses that cater to tourists and locals alike.
Kalamazoo's Commercial Real Estate market offers a range of options, with 68 listings available For Lease. The average annual rent per square foot is $16 USD, with a minimum of Price Upon Request and a maximum of $78 USD. The average size of these properties is 48,867 square feet, ranging from 1 to 5,967,720 square feet. In addition to Commercial Real Estate, Kalamazoo also offers Office Space, Coworking Space, Retail Space, and Industrial options, each with its unique characteristics and advantages. Office Space is ideal for businesses that require a professional setting, while Coworking Space is perfect for startups and entrepreneurs. Retail Space is available for businesses that cater to the local population, and Industrial options are suitable for manufacturing and logistics companies. With its diverse economy, infrastructure, and cultural attractions, Kalamazoo is an excellent location for businesses looking to establish a presence in the region.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Kalamazoo, Michigan, there are several key factors to consider, including:
- Location, with proximity to major transportation facilities like the Kalamazoo/Battle Creek International Airport, highways I-94, US 131, M-96, and M-343, and the Amtrak rail service station, as well as access to local amenities like the Kalamazoo Public Library, Kalamazoo Institute of Arts, and Wings Event Center.
- Space requirements, with the average size of available commercial real estate listings in Kalamazoo being 48,867 square feet, and a maximum space size of 5,967,720 square feet, to ensure the property meets your business needs.
- Cost, with the average annual rent per square foot being $16 USD, and a total of 68 available listings to choose from, to find a property that fits your budget.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent in Kalamazoo, it's essential to consider the specific needs of your business. With 68 available listings of commercial real estate for lease, you'll want to narrow down your options by evaluating factors such as the average annual rent per square foot, which is currently $16 USD, and the average size of available spaces, which is approximately 48,867 square feet.
- Assess your business's operational requirements, including the number of employees, equipment, and storage needs, to determine the ideal square footage for your commercial space.
- Consider the type of commercial property that best suits your business, such as office, retail, industrial, or warehouse space, and look for listings that match your needs.
- Research the local market and surrounding amenities, including transportation infrastructure, public services, and nearby businesses, to ensure the location is conducive to your business's success.
