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Anchored Shopping Center
For Lease
$10 SF/Yr

1581-1583 NE Capital Avenue NE, Battle Creek, MI 49017

COMMERCIAL - Battle Creek, MI

Space SizeContact for details
Property Size93,855 SF
Lot Size3.42 Acres
Days on Market244

Property Features for 1581-1583 NE Capital Avenue NE

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description GC - Commercial
Parking features Driveway
Fireplace 1
Elementary school Pennfield Dunlap Elementary School
Middle school Pennfield Middle School
High school Pennfield Senior High School
Elementary school district Pennfield
Middle school district Pennfield
High school district Pennfield
Directions From the CBD, follow Capital Avenue NE/M-66 for approx. 3 miles; once past Bailley Park the shopping center is on the left/west side.
Subdivision Battle Creek - B
Standard status Active
APN 18-032-100-00
Size 42,837 SF
Lot size 3.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PENNFIELD CHARTER TOWNSHIP T1S R7W SECTION 32 COMM AT THE NW COR OF SEC, S 00* 10' 30'' E 1451.24 FT, S 88* 57' 18'' E 1383.29 FT ALONG C/L J BARTLET DR TO POB, N 465 FT, S 88* 57' 49'' E 220.24 FT, N 01* 02' 11'' E 20.40 FT, S 87* 35' 29'' E 120.46 FT, S 274.98 FT, N 88* 57' 18'' W 13.50 FT, S 00* 59' 50'' W 207.56 FT TO C/L J BARTLET DR, N 88* 57' 18''W 323.87 FT TO POB 3.42 AC +/-
Legal Description PENNFIELD CHARTER TOWNSHIP T1S R7W SECTION 32 COMM AT THE NW COR OF SEC, S 00* 10' 30'' E 1451.24 FT, S 88* 57' 18'' E 1383.29 FT ALONG C/L J BARTLET DR TO POB, N 465 FT, S 88* 57' 49'' E 220.24 FT, N 01* 02' 11'' E 20.40 FT, S 87* 35' 29'' E 120.46 FT, S 274.98 FT, N 88* 57' 18'' W 13.50 FT, S 00* 59' 50'' W 207.56 FT TO C/L J BARTLET DR, N 88* 57' 18''W 323.87 FT TO POB 3.42 AC +/-

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1989
Building materials Stucco
Roof type Metal
Listing Agency: Cherney Realty Advisors
Listed By: Charles Cherney · License #6502109268
Added: Dec 14, 2025 Changed: Aug 4 Last Checked: Aug 15 at 6:06AM
MLS# 25062624

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This shopping center includes approximately 93,855 SF and contains retail and service-oriented tenants including Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli. The subject spaces are located in the center's southerly section. Several tenants have renewed their leases multiple times, and ACE Hardware recently expanded by 2,931 SF with a signed 10-year extension.

The property occupies 3.42 acres at 1581-1583 NE Capital Avenue NE in Battle Creek, Michigan. Built in 1989, the improvements feature stucco construction, a metal roof, forced-air heating, central air conditioning, driveway parking, cable availability, and a fireplace.

Key Highlights

  • Approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, and other tenants
  • Retail spaces located in the southerly section of the center
  • ACE Hardware added 2,931 SF and signed a 10‑year extension

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

971
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 30% Hotels & Casinos 6%
BP Shops & Services
7,360 visits/mo 0.4 miles
Jimmy John's Dining
3,003 visits/mo 0.1 miles
MyEyeDr. Shops & Services
1,811 visits/mo 0.4 miles
Schlotzsky's Dining
1,584 visits/mo 0.0 miles
Baymont By Wyndham Battle Creek Downtown Hotels & Casinos
935 visits/mo 0.4 miles

Demographics for 49017, MI

21,377
Population
9,701
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
56.8 sq mi
ZIP Area
376
Density / Sq Mi
$58,500
Median Household Income
$40,386
Median Earnings
$946
Median Rent
$134,800
Median Home Value

Market

Lease Benchmarks for Battle Creek, MI

$9.85 /SF/Yr
Avg Asking Price
$0.67–$16 /SF/Yr
Price Range
55,428 SF
Avg Space Size

This space is priced 2% above the average of $9.85 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space within a multi-tenant center with central air, forced-air heating, and driveway parking.
Where is this shopping center located?
The property is located at 1581-1583 NE Capital Avenue NE Battle Creek, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, and other tenants; Retail spaces located in the southerly section of the center; ACE Hardware added 2,931 SF and signed a 10‑year extension
More about this property
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