Rare West Main Frontage Retail Vacancy

Elks Place Center is a recently renovated shopping center located in Kalamazoo, Michigan, just east of US-131, near Western Michigan University and Kalamazoo College. The strip center provides excellent retail and service-based office space opportunities. Strategically located along West Main Street, in an expanding retail corridor, this magnificent center features a modern façade with inviting storefronts, extensive landscaping, and decorative vegetation that makes for an ideal location for the community to shop. Several national and local brands already make their home there, including Sherwin-Williams, Mattress Firm, H&R Block, and more. Tenants in this center enjoy prominent brand exposure from the more than 26,423 daily drivers that pass through on West Main Street. Pylon and building signage opportunities are available in what may be the most impactful and prominent area of Kalamazoo for retail branding opportunities. The center also benefits from the area’s dense retail including Target, Dunham’s Sports, Aldi, Office Depot, Old Navy, PetSmart, Marshalls, Hobby Lobby, Burlington, Kohl’s, and Lowe’s. Synonymous with destination shopping, Maple Hill Pavilion is located across the street. Customers will appreciate the easy ingress and egress in addition to ample parking and a signalized intersection. Users will benefit from the location’s built-in consumer base that features a mix of demographics, including access to over 20,258 higher-education students. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 110,408 people lives within a five-mile radius of the property, with the average household income exceeding $68,916. Oshtemo residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located less than 10 minutes west of Downtown Kalamazoo, the Oshtemo area has been rapidly growing with a projected population growth of 3.1% over the next five years. Together these residents make up a total annual consumer spending of over $2.0 billion, $210 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Kalamazoo and make it an excellent area to locate a company.