Investment Overview

Marcus & Millichap is pleased to present to market for sale Westpointe Office Park. West Pointe Office Park, located in Oshtemo Township, Michigan, presents a compelling investment opportunity. Spanning 12 acres at the intersection of M-43 (West Main) and US-131, this professional office park offers both strategic location and robust infrastructure. The park comprises seven completed office buildings, totaling approximately 59,307 square feet of Class B office space, and two pads of land for development. Each building is designed with numerous windows for ample natural light Currently, the park maintains an +/- 84 percent occupancy rate, with a diverse tenant mix including Blue Sky Vision, Ameriprise, Autism Spectrum Therapies, the State of Michigan, and Beacon Health. Many tenants have established long-term leases, ensuring steady income. With the vacant space, there is an excellent opportunity for value-add. Both vacant pads are capable of accommodating up to 10,000 square feet of additional office space. This offers investors the flexibility to expand and customize according to market demand. Situated directly west of US-131 at the M-43 exit, the park provides immediate access to major highways, facilitating convenient commutes to Detroit, Grand Rapids, and Chicago. The proximity to I-94 further enhances its connectivity. The office park is adjacent to a wooded residential condominium development, offering a serene corporate environment. Additionally, it's within a short driving distance to various retail and dining establishments, including Starbucks, Target, Meijer, and numerous restaurants, enhancing its appeal to tenants in the Kalamazoo market. Kalamazoo, Michigan is a vibrant city that seamlessly blends urban amenities with suburban charm. With a population of approximately 76,000 residents, it offers a rich tapestry of cultural, educational, and recreational opportunities. Kalamazoo boasts a lively arts scene, hosting numerous theaters, art galleries, and festivals that foster a strong sense of community. For outdoor enthusiasts, the city provides access to various parks and nature trails, including the expansive Kalamazoo River Valley Trail, ideal for hiking, biking, and leisurely walks. the city is home to esteemed educational establishments such as Western Michigan University, Kalamazoo College, and Kalamazoo Valley Community College. These institutions not only offer diverse academic programs but also contribute significantly to the city's dynamic atmosphere. Kalamazoo's economy is bolstered by a diverse array of major employers across various sectors, Overall, the offering provides an exceptional office park with room for growth, value-add potential, and stable income.