Park Trades Center

Off-Market

334 West Kalamazoo Avenue, Kalamazoo, MI 49007

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  • Property Type Retail - Street Retail
  • Property Size 140,000 SF
  • Lot Size 1.85 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1918

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 03 Feb, 2015
  • 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 ®

    93/100 Walker's Paradise
  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Kalamazoo Central Business District
  • Zip Code 49007
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    0.15 miles

  • Citgo

    0.25 miles

  • Shell

    0.28 miles

  • Marathon

    0.64 miles

  • Marathon

    0.90 miles

  • Shell

    1.31 miles

  • Marathon

    1.39 miles

  • Sunoco

    1.49 miles

  • Pacific Pride

    1.55 miles

  • Citgo

    1.70 miles

  • Marathon

    1.75 miles

  • Kalamazoo County CMH Parking Lot

    0.07 miles

  • Kalamazoo County Employee Parking

    0.08 miles

  • City Parking Ramp No. 1

    0.18 miles

  • Bell's Eccentric Cafe Parking

    0.48 miles

  • John Street Lot

    0.53 miles

  • Jasper Street Ramp

    0.63 miles

  • Vine Street Ramp

    0.75 miles

  • Lot 6

    0.75 miles

  • Jasper St North Lot

    0.77 miles

  • Jasper Street South Lot

    0.80 miles

  • McDonald's

    0.07 miles

  • Theo and Stacey's

    0.21 miles

  • Jimmy John's

    0.21 miles

  • Rose Gold Coffe Co.

    0.22 miles

  • Zazios

    0.25 miles

  • Brick & Brine

    0.25 miles

  • Burdicks

    0.25 miles

  • Subway

    0.29 miles

  • Kalamazoo Beer Exchange

    0.33 miles

  • Taco Bob's

    0.37 miles

  • Mall Plaza

    0.35 miles

  • People's Food Co-op

    0.61 miles

  • Harding's Friendly Market

    1.35 miles

  • Bronco Mall

    1.43 miles

  • Campus Pointe Mall

    2.03 miles

  • Harding's Friendly Market

    2.12 miles

  • Eastwood Market

    2.17 miles

  • Hardings

    2.79 miles

  • D&W Fresh Market

    2.84 miles

  • Natural Health Food Center

    3.06 miles

Frequently Asked Questions

What is the total square footage of Park Trades Center?

Park Trades Center totals 140,000 square feet.

When was this property built?

Park Trades Center was built in 1918.

When was Park Trades Center last sold?

Park Trades Center was last sold on 03 Feb, 2015.

What is the market value for Park Trades Center?

The market value* for Park Trades Center in 2022 was $1,913,400.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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