5111-5121 E Ml Avenue, A-50, Kalamazoo, MI 49048 (MLS# 23032165)


$1
5111-5121 E Ml Avenue, A-50
Kalamazoo, MI 49048
MLS# 23032165
Status: Sold
114600 sqft


5111-5121 E Ml Avenue, A-50, Kalamazoo, MI 49048
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Property Description
AVAILABLE FOR LEASE: 2,500 SF of office space at Kalamazoo Commerce Park on Kalamazoo's southwest side. Comprised of 2 steel-constructed buildings totaling 114,600 SF, this multi-tenanted facility offers office, light-industrial, warehouse and clean lab space, multiple loading docks and GLOH doors, ample parking and monument/pylon signage. Suite offers a large lobby/reception area, several large offices, an open work area, conference room, training room, kitchenette and two single-fixture restrooms. Site is well located off S. Sprinkle Road, between I-94 and the I-94 Business Loop. Co-tenants include Ultimate Home Services, Sara Lee Bakery Outlet, UAW Local 1666, Mall City Container and several others. Landlord may provide a Tenant Improvement Allowance for a qualified Tenant, to be

Details
Maps
Location & Property Info
County: Kalamazoo
Street #: 5111-5121
Street Direction: E
Street Name: Ml
Suffix: Avenue
Unit #: A-50
State: MI
Zip Code: 49048
Zip (4): 8559
Cross Streets: S. Sprinkle Rd. & I-94
Property Sub-Type: Industrial
Area: Greater Kalamazoo - K
Municipality: Comstock Twp
Office/Contract Info
Status: Sold
List Price: $9.95
Current Price: $1
Monthly Rent: 2072.92
Lease Type: Triple Net
Lease Term: 18 Months
Est Addtnl Annual Charges: 2
Available for Sale?: No
Sub Agency Type: %
Buyer Agency: 3.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-08-23
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 9.25
Lot Square Footage: 402930
Year Built: 1972
Lot Dimensions: 525 x 737
Road Frontage: 525
Current Bldg Use: Multi-Tenanted Office/Light-Industrial/Flex Facility
Total # Units: 1
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 114600
Total Net SqFt: 2500
Waterfront: No
School District: Comstock
Tax Info
Tax ID #: 07-30-156-070
Taxable Value: 790225
SEV: 951600
For Tax Year: 2022
Spec Assmnt. & Type: None known
Zoning: LM
Remarks & Misc
Legal: SEC 30-2-10 BEG IN E&W1/4 LI 320 FT E OF W1/4 POST TH N 0DEG 38MIN 14SEC W PAR W LI 796.84 FT TH S 86DEG 14MIN 53SEC E 476.18 FT TH S 0DEG 38MIN 14SEC E 80.52 FT TH S 86DEG 13MIN 14SEC E 50.12 FT TH S 0DEG 38MIN 14SEC E 677.49 FT TO SD 1/4 LI TH S 89DEG 26MIN 46SEC W 524.85 FT TO BEG 8.49 ACRES
Directions: East ML Avenue, east of S. Sprinkle Road between I-94 and the I-94 Business Loop.
Status Change Info
Under Contract Date: 2023-10-23
Sold Date: 2023-10-23
Sold Price: $1
SqFt Information
Rentable Office SqFt: 2500
Total Bldg SqFt (Gross): 114600
Property Features
Uses: Professional/Office
Construction Type: Steel
Exterior Material: Metal Siding
Below Grade: None
Tenant Pays: Building Insurance; Common Area Maintenance; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assessments; Sewer; Trash; Water; Other
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Send to Econ Dev Org: MEDC; SWMI First, Region 5

Listing Office: NAI Wisinski of West Michigan

Listing Agent: Jodi Milks

Last Updated: October - 24 - 2023

5111-5121 E Ml Avenue, A-50, Kalamazoo, MI 49048 - MLS# 23032165
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