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8132 Merchant Place

Off-Market

8132 Merchant Place, Portage, MI 49002

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 30,718 SF
  • Lot Size 6.93 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1983

Location

  • Walk Score ® Car-Dependent (10)
  • Bike Score ® Bikeable (51)
Powered by Walk Score ®
  • City Portage, MI
  • Neighborhood Portage
  • Zip Code 49002
  • Market Grand Rapids

Points of Interest

Kalamazoo

6.92 miles

ChargePoint

2.18 miles

ChargePoint

3.04 miles

Speedway

3.89 miles

BP

3.98 miles

BP

4.96 miles

Phillips 66

6.74 miles

Marathon

6.76 miles

ChargePoint

6.83 miles

Marathon

7.44 miles

Speedway

7.51 miles

CEAS West Parking Deck - P4

6.05 miles

Garden Entrance Parking

6.11 miles

P5

6.15 miles

Parking Lot 104

6.41 miles

Parking Lot 17

6.42 miles

Lot 101

6.43 miles

Parking Lot 23

6.46 miles

Parking Lot 95

6.46 miles

Parking Lot 36

6.65 miles

Parking Lot 48

6.85 miles

Lodo Company

2.20 miles

Bravo's Restaurant and Cafe

2.83 miles

Brann's Steakhouse & Grille

2.98 miles

Hooters

3.60 miles

Theo & Stacy's Restaurant

3.96 miles

Burger King

4.79 miles

Subway

5.57 miles

Taco Bob's

5.79 miles

Subway

6.65 miles

Checkers

6.78 miles

Target

2.46 miles

Walmart Supercenter

2.70 miles

Sears

2.73 miles

Macy's

2.76 miles

Big Lots

2.76 miles

The Crossroads Mall

2.79 miles

Burlington

2.82 miles

JCPenney

2.87 miles

Fresh Thyme

2.95 miles

TJ Maxx

3.00 miles

Doja

0.46 miles

Portage Public Safety - Police Division

2.21 miles

Portage Public Safety - Fire Station #1

2.24 miles

Sam's Club Pharmacy

2.26 miles

Walgreens

2.29 miles

Walgreens

3.03 miles

Rite Aid

3.32 miles

Portage Fire Station #2

3.93 miles

Bronson Vicksburg Outpatient Center

5.05 miles

Kalamazoo County Sheriff's Office

5.30 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 14 Mar, 2008
  • 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 Portage

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Portage Office Market

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

  • 2020 Avg. Asking Rent $18.70
  • 2020 Office Vacancy Rate 34.95%
  • 2020 Office Completions (SF)
View more Portage market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 8132 Merchant Place?

8132 Merchant Place totals 30,718 square feet.

When was this property built?

8132 Merchant Place was built in 1983.

When was 8132 Merchant Place last sold?

8132 Merchant Place was last sold on 14 Mar, 2008.

Looking for more in-depth information on this property?

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