The Foundry

Off-Market

600 East Michigan Avenue, Kalamazoo, MI 49007

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

  • Property Type Office - Creative Office
  • Property Size 53,000 SF
  • Lot Size 3.61 Acre
  • Parking Spaces Avail. 338
  • Parking Ratio 6.38 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2017

Contacts

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Owner

  • True 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 Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    70/100 Very Walkable
  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Edison
  • Zip Code 49007
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    0.51 miles

  • Marathon

    0.07 miles

  • Shell

    0.80 miles

  • Citgo

    0.81 miles

  • Sunoco

    1.18 miles

  • Shell

    1.46 miles

  • Marathon

    1.50 miles

  • Marathon

    1.55 miles

  • Citgo

    1.66 miles

  • Pacific Pride

    1.67 miles

  • Marathon

    2.03 miles

  • Bell's Eccentric Cafe Parking

    0.23 miles

  • John Street Lot

    0.50 miles

  • Jasper Street Ramp

    0.54 miles

  • City Parking Ramp No. 1

    0.57 miles

  • Jasper St North Lot

    0.63 miles

  • Jasper Street South Lot

    0.67 miles

  • Kalamazoo County Employee Parking

    0.70 miles

  • Kalamazoo County CMH Parking Lot

    0.70 miles

  • Garden Entrance Parking

    0.71 miles

  • Vine Street Ramp

    0.77 miles

  • Radisson Plaza Hotel at Kalamazoo Center

    0.51 miles

  • Hilton Garden Inn

    0.56 miles

  • Comfort Inn

    0.99 miles

  • Henderson Castle

    1.57 miles

  • Baymont by Wyndham Kalamazoo East

    3.17 miles

  • Four Points by Sheraton

    3.20 miles

  • Fairfield Inn by Marriot Kalamazoo

    3.35 miles

  • Residence Inn by Marriott Kalamazoo East

    3.40 miles

  • Country Inn & Suites by Radisson, Kalamazoo, MI

    3.54 miles

  • Quality Inn

    3.59 miles

  • Checkers

    0.09 miles

  • Maru Sushi

    0.20 miles

  • Hop Cat

    0.20 miles

  • Food Dance

    0.24 miles

  • Kalamazoo Beer Exchange

    0.31 miles

  • Subway

    0.44 miles

  • South China

    0.47 miles

  • Brick & Brine

    0.48 miles

  • Burger Bros

    0.50 miles

  • Burdicks

    0.50 miles

  • W.E. Upjohn Campus

    0.42 miles

  • Kalamazoo Valley Community College Center for New Media

    0.46 miles

  • Kalamazoo Valley Community College

    0.52 miles

  • Lincoln International Studies School

    0.58 miles

  • Roosevelt School

    0.58 miles

  • Saint Marys School

    0.70 miles

  • Edison Environmental Science Academy

    0.85 miles

  • Saint Joseph School

    1.01 miles

  • Community Education Center

    1.02 miles

  • Kalamazoo Adult & Community Education

    1.03 miles

  • Gilden Woods Early Care and Preschool

    3.72 miles

Frequently Asked Questions

What is the total square footage of The Foundry?

The Foundry totals 53,000 square feet.

When was this property built?

The Foundry was built in 2017.

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