Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

6100 Newport Rd 18,896 SF 86% Leased Office Building Portage, MI 49002 $2,244,331 CAD ($118.77 CAD/SF) 8.40% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 18,880 SF two-story medical office building with additional 9,280 SF basement with open areas for training and storage
  • Well-positioned just off Westnedge Avenue with convenient access to I-94 and Kalamazoo/Battle Creek International Airport
  • 86% Occupied with medical tenants and offered at an 8.4% cap rate
  • 2.241-acre parcel located in North Portage
  • Co-tenants include Advanced Dermatology, ComForCare Home Care, Joy Unlimited, AE Tech Design, and Terrill Psychological Services

EXECUTIVE SUMMARY

INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
18,896 SF
Building Class
C
Year Built
1978
Price
$2,244,331 CAD
Price Per SF
$118.77 CAD
Cap Rate
8.40%
NOI
$188,524 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,448 SF
Building FAR
0.18
Lot Size
2.38 AC
Zoning
OS-1 - OS-1 Office Service: This district allows for office buildings, medical offices, banks, studios, and publicly owned buildings.
Parking
72 Spaces (2.82 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Signage
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 232
  • 2,664 SF
  • Office
  • -
  • Now

FOR LEASE: 2,664 RSF Second floor office suite in move-in condition featuring multiple private offices, conference rooms, an open work area, and access to common-area restrooms. Office furniture can stay. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors and key fob access. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport.

Space Size Space Use Condition Available
2nd Fl-Ste 232 2,664 SF Office - Now

2nd Fl-Ste 232

Size
2,664 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 232

Size 2,664 SF
Space Use Office
Condition -
Available Now

FOR LEASE: 2,664 RSF Second floor office suite in move-in condition featuring multiple private offices, conference rooms, an open work area, and access to common-area restrooms. Office furniture can stay. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors and key fob access. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-00010-086-O
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$791,919 CAD
  • Listing ID: 36396533

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 6100 Newport Rd, Portage, MI 49002

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}