3300 Stadium DrKalamazoo, MI 49008

  • Other commercial real estate
  • 47,532 SF
For Lease
$19.95/SF/YR View listing

Property Details for 3300 Stadium Dr

Lot size
13.04 AC
Property size (Sq ft)
47,532 SF
Zone code
CC
Property type
Other commercial real estate
APN
06-30-238-002
APU
630238002

Description

This exceptional Class A retail center, Stadium Shoppes, offers 46,393 square feet of leasable space across two single-story buildings situated on a 13.04-acre lot (567,848 sq ft) in Kalamazoo County's Knollwood submarket. Built in 2007 and renovated in 2011, the property boasts a 1.01 load factor and features 242 parking spaces, ensuring ample convenience for customers. Located at 3300 Stadium Drive, near the intersection of Adios Dr, this center enjoys high visibility along a major thoroughfare with over 26,627 daily drivers, providing excellent brand exposure. The property benefits from its proximity to Western Michigan University and Kalamazoo College, as well as a strong concentration of retail and dining establishments, including Dollar Tree, Papa John's Pizza, Great Clips, Biggby Coffee, and Rollup Ice Cream & Tea, along with larger retailers such as Costco, Sportsman's Warehouse, Trader Joe's, and At Home. The zoning is CC - Community Commercial (APN: 06-30-238-002), and Consumers Energy provides power. The property's location within a five-mile radius of over 150,447 residents, with an average household income exceeding $70,441, and over 20,258 higher-education students, creates a robust consumer base. Annual consumer spending within this radius surpasses $3.1 billion, with over $334 million allocated to food and beverage establishments. The property's taxes are $2.27 per square foot. Pylon and building signage opportunities are available. This prime location offers a blend of suburban tranquility and convenient access to downtown Kalamazoo, making it an ideal space for various retail and restaurant businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,982,788
    Hospitality
    $6,396,196
    Educational
    $5,321,560
    Medical
    $5,504,576
    Retail
    $8,277,982
3300 Stadium Dr, Kalamazoo, Michigan

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2731
Longitude
-85.6303
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$101,504
-
-
$1,996,200
-
-
-
$3,992,400

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