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8036 8048 S 8th St
Kalamazoo, MI 49009
Texas Corners BTS/Ground Lease Opportunity · Land For Rent
Property Overview
8036 S 8th Street is an approximately 0.80-acre build-to-suit/ground lease opportunity in the heart of the Texas Corners retail corridor. This is prime real estate for a drive thru eatery/café, bank with drive thru access, urgent care, professional services office, or other retail/office/medical options. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled on-site property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed developments. Strategically located along S 8th Street, the site offers unmatched brand exposure with visibility to over 13,179 daily drivers on W Q Avenue and S 8th Street. The site also benefits from the area’s dense residential neighborhoods and summer lake traffic. Customers will appreciate the easy ingress and egress through multiple possible entrances in addition to the ability for ample parking. 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 54,390 people lives within a five-mile radius of the property, with the average household income exceeding $104,550. Texas Corners residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 15 minutes southwest of Downtown Kalamazoo, the Texas Corners area has been rapidly growing with a projected population growth of 3.8% over the next five years. Together these residents make up a total annual consumer spending of almost $900 million, over $80 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. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.