Centre Square

Investment Highlights

• 100% Occupied Neighborhood Center
• Diversified Tenant Mix
• WALT: 4.42 Years
• Desirable Suite Sizes | Easy to Backfill
  Investment Security & Low Risk of High Vacancy
• Below-Market Rents, Providing Future Upside
  Potential Market Rents in the Surrounding Area Range from $25-$30/SF NNN
• Majority of Leases Contain 2-3% Annual Rent Increases
• Landlord Recently Replaced All Rooftop HVAC Units
• Well-Positioned off W Centre Avenue (26,490 VPD)
  Direct Connection to US-131 (64,907 VPD)
  Near I-94 (83,907 VPD)
• Surrounded by Residential Neighborhoods
  Convenient Access for Local Residents
• Core Retail Trade Area: 8 Million SF of Retail within a 5-Mile Radius (97.1% Occupancy Rate)
• Nearby Major Retailers: Walmart, Sam’s Club, Meijer, Target, Best Buy, Home Depot, and Many Others
• Portage is Home to the Largest Retail Center in Southwest Michigan, AirZoo, Stryker, and Pfizer
• 5 Miles from Kalamazoo
• Excellent Demographics: 86,264 Residents & Average Household Income $98,517 within a 5-Mile Radius
• Strong Daytime Population: 99,675