Kalamazoo, Michigan, is a city that offers a unique blend of educational institutions, cultural attractions, and economic opportunities, making it an ideal location for Retail Space For Lease. With a population of approximately 70,000, Kalamazoo is a hub for businesses, entrepreneurs, and innovators. The city is home to Western Michigan University, Kalamazoo College, and Kalamazoo Valley Community College, providing a talented workforce and a strong customer base. Additionally, Kalamazoo's diverse economic history, which includes industries like windmills, automobiles, paper products, and guitars, has created a thriving business environment. The city's infrastructure, including the Kalamazoo/Battle Creek International Airport, Amtrak rail service, and major highways, makes it easily accessible and connected to surrounding cities like Lansing and Grand Rapids.
Kalamazoo's Retail Space For Lease market offers a range of opportunities, with 28 available listings. The average annual rent per square foot is $18 USD, with a minimum of $7 USD and a maximum of $30 USD. The average size of Retail Space For Lease in Kalamazoo is 5,239 square feet, with a minimum of 100 square feet and a maximum of 82,000 square feet. In addition to Retail Space, Kalamazoo also offers a range of other property types, including Restaurants, Medical Offices, and Office Space. Restaurants in Kalamazoo benefit from the city's vibrant downtown area and the presence of Western Michigan University. Medical Offices thrive in Kalamazoo due to the city's strong healthcare industry and the presence of Bronson Healthcare. Office Space in Kalamazoo is in high demand, driven by the city's growing business community and its proximity to major highways. Overall, Kalamazoo's Retail Space For Lease market offers a unique combination of opportunities, amenities, and infrastructure, making it an attractive location for businesses and investors.
What is the average cost per square foot for retail space in Kalamazoo?
The average cost per square foot for retail space in Kalamazoo is $18 USD per square foot, with 28 available listings ranging in size from 5,239 square feet to 82,000 square feet.
How do anchor tenants affect surrounding retail space leases?
In Kalamazoo, where there are currently 28 available listings of retail space, anchor tenants can significantly impact surrounding retail space leases by driving foot traffic, increasing visibility, and creating a desirable shopping environment, ultimately influencing the average annual rent of $$18 USD per square foot and the average size of 5,239 square feet, with maximum space sizes reaching up to 82,000 square feet.
