Borgess Health and Fitness

Off-Market

3025 Gull Road, Kalamazoo, MI 49048

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 93,500 SF
  • Lot Size 10.89 Acre
  • Parking Spaces Avail. 410
  • Parking Ratio 4.39 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1981

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 19 Nov, 2004
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Kalamazoo

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kalamazoo Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $21.44
  • 2021 Office Vacancy Rate 20.04%
  • 2021 Office Completions (SF) 85,000
View more Kalamazoo market trends

Location

Getting Around

  • Walk Score ®

    22/100 Car-Dependent

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Burke Acres
  • Zip Code 49048
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    2.59 miles

  • Speedway

    0.36 miles

  • Quick Stop

    0.62 miles

  • BP

    0.98 miles

  • Shell

    1.25 miles

  • Meijer

    1.56 miles

  • Speedway

    1.58 miles

  • Marathon

    1.58 miles

  • Pacific Pride

    2.12 miles

  • Marathon

    2.22 miles

  • Speedway

    2.23 miles

  • Bell's Eccentric Cafe Parking

    2.30 miles

  • City Parking Ramp No. 1

    2.77 miles

  • Kalamazoo County CMH Parking Lot

    2.77 miles

  • John Street Lot

    2.78 miles

  • Jasper Street Ramp

    2.80 miles

  • Kalamazoo County Employee Parking

    2.81 miles

  • Markin Glen County Park

    2.86 miles

  • Jasper St North Lot

    2.86 miles

  • Jasper Street South Lot

    2.90 miles

  • Garden Entrance Parking

    2.94 miles

  • Hilton Garden Inn

    2.71 miles

  • Radisson Plaza Hotel at Kalamazoo Center

    2.73 miles

  • Comfort Inn

    3.16 miles

  • Henderson Castle

    3.60 miles

  • Baymont by Wyndham Kalamazoo East

    3.94 miles

  • Fairfield Inn by Marriot Kalamazoo

    4.07 miles

  • Four Points by Sheraton

    4.08 miles

  • Quality Inn

    4.48 miles

  • Residence Inn by Marriott Kalamazoo East

    5.05 miles

  • Country Inn & Suites by Radisson, Kalamazoo, MI

    5.07 miles

  • Taste Of Soul By Dips

    0.36 miles

  • Samuel Mancino's Italian

    0.53 miles

  • Great Wall Express

    0.55 miles

  • Jet's Pizza

    0.81 miles

  • Jaspare's Pizza

    0.82 miles

  • Ten Ten Buffet

    0.91 miles

  • Little Caesars

    1.04 miles

  • Subway

    1.06 miles

  • Tropical Smoothie Cafe

    1.06 miles

  • Hungry Howie's

    1.06 miles

  • Nazareth College (Closed)

    0.15 miles

  • Gull Street School

    0.30 miles

  • Spring Valley Center for Exploration

    0.68 miles

  • Northeastern Elementary School

    0.69 miles

  • Brucker School

    0.79 miles

  • Burke School

    0.88 miles

  • Parchment High School

    1.20 miles

  • Barclay Hills Education Center

    1.24 miles

  • Parchment Central Elementary School

    1.25 miles

  • North Elementary School

    1.36 miles

  • Gilden Woods Early Care and Preschool

    5.71 miles

  • Child Development Center

    9.49 miles

  • Plainwell Corners Preschool

    9.80 miles

Frequently Asked Questions

What is the total square footage of Borgess Health and Fitness?

Borgess Health and Fitness totals 93,500 square feet.

When was this property built?

Borgess Health and Fitness was built in 1981.

When was Borgess Health and Fitness last sold?

Borgess Health and Fitness was last sold on 19 Nov, 2004.

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