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5036-5076 S Westnedge Ave
Portage, MI 49002

Westnedge@Kilgore Shopping Center · Retail Property For Lease

Highlights

  • High-end regional center with Aldi and HomeGoods offers excellent retail space opportunity with ability to customize space to suit user’s needs.
  • Shopping center visible to approximately 46,894 vehicles per day on S Westnedge Avenue & W Kilgore Road.
  • Building Signage Visibility Equivalent to Billboard Advertising Costs of $89,176 Per Year.
  • Retail trade area serves a population of over 782,010 people and 42,788 higher education students.
  • Over 1,000,000 SF of critical retail and restaurant mass adjacencies to Westnedge@Kilgore.
  • Skilled local property management works diligently to ensure the success of tenants by providing a professional, well-maintained environment.

PROPERTY FACTS

Property Type Retail
Property Subtype
Storefront Retail/Office
  • Retail Building
Gross Leasable Area 46,054 SF
Year Built 2015
Parking Ratio 3.26/1,000 SF

About the Property

Westnedge@Kilgore is a newer shopping center located in Portage, Michigan, just north of Interstate 94, near the highly affluent Oakwood Neighborhood. Constructed in 2015, the high-end regional center offers an excellent retail or service-based office space opportunity with ability to customize space to suit user’s needs. Strategically located along S Westnedge Avenue, in an expanding retail corridor, this magnificent center features a modern façade with inviting storefronts, extensive landscaping, and decorative vegetation that makes for an ideal location for the community to shop. Several national brands already make their home there, including grocery-anchor Aldi and co-anchor HomeGoods. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled local property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed spaces. Tenants in this center enjoy prominent brand exposure from the more than 46,894 daily drivers that pass through the intersection of W Kilgore Road and S Westnedge Avenue, which is one of the busiest intersections in Kalamazoo County. Pylon and building signage opportunities are available in what may be the most impactful and prominent area of Portage for retail branding opportunities. The center also benefits from the area’s dense retail including Lowes, and Meijer across the street. Synonymous with destination shopping, The Crossroads is an eight-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking and a signalized intersection. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 150,770 people lives within a five-mile radius of the property, with the average household income exceeding $70,091. Having built itself up as an economic powerhouse thanks to the production of pharmaceuticals by Pfizer, including the COVID-19 vaccine, and the development of medical technologies by locally based Stryker Corporation, Portage has become one of the most affluent and desirable suburbs in West Michigan. Portage residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 10 minutes south of Downtown Kalamazoo, the Portage area has been rapidly growing with a projected population growth of 3.0% over the next five years. Together these residents make up a total annual consumer spending of over $3.1 billion, almost $350 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Portage and make it an excellent area to locate a company. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.

  • Banking
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Listing ID: 8578787

  • Date on Market: 4/19/2021

  • Last Updated:

  • Address: 5036-5076 S Westnedge Ave, Portage, MI 49002

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