5040 Meredith Street

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5040 Meredith Street

Portage, MI 49002
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building located at 5040 Meredith Street.
  • The property is situated within the Portage, Michigan market.
  • The asset is currently available for purchase by investors.
  • Strategically positioned to serve the southwest Michigan business community.

What's Special

5040 Meredith Street is a traditional office asset situated in Portage, Michigan. This property provides functional workspace within a suburban environment that serves as a key economic hub in the Kalamazoo metropolitan area. The Portage submarket remains a stable regional corridor, benefiting from its proximity to major transportation arteries and a diverse local employment base. Businesses seeking professional space in this area benefit from a community recognized for its residential growth and industrial stability. Prospective buyers or tenants can leverage this professional setting for various corporate, administrative, or service-based operations. The configuration of the building allows for flexible layouts to accommodate changing business requirements. As part of a well-established commercial landscape, this location offers accessibility for both employees and clients navigating the broader southwest Michigan region. The property represents a straightforward option for entities looking to establish or expand their footprint within a consistent suburban market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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