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3308 Covington Road - Availability Details

Off-Market

3308 Covington Road, Kalamazoo, MI 49001

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 51,609 Sqft
  • Lot Size 10.23 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973

Location

  • City Kalamazoo, MI
  • Neighborhood Millwood
  • Zip Code 49001
  • Market Grand Rapids

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 31 Dec, 2002
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2020 Avg. Asking Rent $19.37
  • 2020 Office Vacancy Rate 13.49 %
  • 2020 Office Completions (Sqft)
View more Kalamazoo market trends

Tax

  • Property Tax in 2020 $22,398
  • Market Value $676,400
  • Assessed Value $676,400

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