Borgess at Woodbridge Hills - South

Off-Market

8001 Angling Road, Portage, MI 49024

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 60,329 SF
  • Lot Size 13.2 Acre
  • Parking Spaces Avail. 319
  • Parking Ratio 5.30 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1986

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 05 Jun, 2003
  • 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Portage Office Market

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

  • 2021 Avg. Asking Rent $18.53
  • 2021 Office Vacancy Rate 39.88%
  • 2021 Office Completions (SF)
View more Portage market trends

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Portage, MI
  • Neighborhood Portage
  • Zip Code 49024
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    7.18 miles

  • Marathon

    0.21 miles

  • Citgo

    1.44 miles

  • Meijer

    2.21 miles

  • Citgo

    2.28 miles

  • Walmart

    2.32 miles

  • Pacific Pride

    2.43 miles

  • ChargePoint

    2.64 miles

  • ChargePoint

    2.69 miles

  • BP

    2.75 miles

  • City of Portage gas depot

    2.78 miles

  • Al Sabo Trail Parking

    1.79 miles

  • truck parking

    2.00 miles

  • Staff & Visitor Parking

    3.12 miles

  • Staff Parking

    3.17 miles

  • Staff & Visitor Parking

    3.21 miles

  • Student Parking

    3.24 miles

  • CEAS West Parking Deck - P4

    3.57 miles

  • P5

    3.64 miles

  • CEAS East Parking Deck - P3

    3.68 miles

  • P6

    3.68 miles

  • Microtel Inn & Suites by Wyndham Kalamazoo

    2.95 miles

  • Fairfield Inn Kalamazoo West

    3.00 miles

  • Hampton Inn Kalamazoo/Oshtemo

    3.46 miles

  • Holiday Motel

    3.60 miles

  • Courtyard by Marriott

    3.62 miles

  • Delta Hotel Kalamazoo West

    4.41 miles

  • Best Western Plus Kalamazoo Suites

    4.54 miles

  • Baymont by Wyndham Kalamazoo

    4.75 miles

  • Red Roof Inn

    4.80 miles

  • Staybridge Suites

    4.89 miles

  • Wendy's

    0.24 miles

  • Field Stone Grill

    0.34 miles

  • Big Apple Bagel

    0.39 miles

  • Ziingos

    0.39 miles

  • Subway

    0.40 miles

  • Little Caesars

    0.40 miles

  • Tap House

    0.81 miles

  • Full City Cafe

    1.45 miles

  • Papa John's

    1.53 miles

  • Asiago's Bakery & Deli

    2.24 miles

  • Moorsbridge Elementary School

    1.07 miles

  • West Middle School

    1.16 miles

  • 12th Street Elementary School

    1.36 miles

  • Amberly Elementary School

    1.66 miles

  • Woodland Elementary School

    2.01 miles

  • Haverhill Elementary School

    2.16 miles

  • Oakland Academy

    2.28 miles

  • Angling Road Elementary School

    2.68 miles

  • Central Elementary School

    2.70 miles

  • Kalamazoo Valley Community College

    2.73 miles

  • Gilden Woods Early Care and Preschool

    5.92 miles

Frequently Asked Questions

What is the total square footage of Borgess at Woodbridge Hills - South?

Borgess at Woodbridge Hills - South totals 60,329 square feet.

When was this property built?

Borgess at Woodbridge Hills - South was built in 1986.

When was Borgess at Woodbridge Hills - South last sold?

Borgess at Woodbridge Hills - South was last sold on 05 Jun, 2003.

What is the market value for Borgess at Woodbridge Hills - South?

The market value* for Borgess at Woodbridge Hills - South in 2022 was $6,362,000.
*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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