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    Battle Creek Retail End Cap Title is generated by Realmo AI

    1791 W Columbia Avenue, Battle Creek, MI 49015

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    Claim this Listing
    For Lease
    $10 SF/Yr $21,666/Mo (calc)

    COMMERCIAL - Battle Creek, MI

    Type:Retail
    Property size:
    26,000 SF
    Lot size:
    4.50 Acres
    Added:
    Aug 10, 2023
    Days on Market:
    1011
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 1791 W Columbia Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Driveway
    Fireplace
    1
    Standard status
    Active
    APN
    52-0065-00-600-0
    Size
    26,000 SF
    Lot size
    4.50 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    PART OF NE 1/4 OF SE 1/4 OF SEC 15 T2S R8W: BEG CENT OF SD SEC - S 00 DEG 26 MIN 00 SEC W ALG N & S 1/4 LI OF SD SEC 480 FT - S 88 DEG 57 MIN 30 SEC E ALG S LI OF PLAT OF WESTLAKE MANOR & ITS WLY EXT 471.66 FT - N 00 DEG 23 MIN 30 SEC E ALG E LI OF SD PLAT 420 FT - N 88 DEG 57 MIN 30 SEC W ALG N LI OF LOTS 3, 4, & 5 DIST OF 192.72 FT - N 00 DEG 26 MIN 02 SEC E 60 FT - N 88 DEG 57 MIN 30 SEC W 283

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Building materials
    Brick

    We can help!

    Listing Contact
    Jodi K Milks

    Listing agent Jodi K Milks License #6502339107

    Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI

    Listing date Aug 10, 2023

    MLS# 23031361

    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.

    HighLights

    • High‑traffic location at a lighted intersection near Lakeview High School
    • Part of Promenade Square, a redeveloping shopping center under new ownership
    • 6,900 SF end cap retail suite available for lease
    • Planned new facade and pylon signage
    • Multiple ingress/egress options and ample parking
    • Join established tenants such as Pet Supplies Plus and Tommy's Express Car Wash

    Overview

    A 6,900 square foot end cap retail suite is available for lease at Promenade Square, a 26,000 square foot shopping center. The property is located at the lighted corner of West Columbia Avenue and South 28th Street in Battle Creek, adjacent to Lakeview High School. The shopping center is currently undergoing redevelopment under new ownership, with planned new facade. The property features multiple ingress/egress options, ample parking, and pylon signage. The location is part of a busy retail corridor with nearby tenants including Goodwill, Meijer, AutoZone, O'Reilly Auto Parts, Dollar General, Advance Auto Parts, Aaron's, Ollie's Bargain Outlet, Dollar Tree, Family Dollar, Harbor Freight Tools, ALDI, Planet Fitness, The Salvation Army Store, and Walgreens. Current tenants at Promenade Square include Pets Supplies Plus, La Loma Supermarcado, and Tommy's Express Car Wash. The property is situated on a 4.5-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    i.d. SPOT (Bike/Boat/Book/etc) Store Pet Supplies Plus ... (Bike/Boat/Book/etc) Store Windshield Repair Today ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 669 Capital Ave SW, Battle Creek, MI 49015

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.228013
    Latitude
    42.29687

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    FAQs

    What type of property is this?
    Shopping center - 6,900 SF retail suite in redeveloping shopping center.
    Where is this shopping center located?
    The property is located at 1791 W Columbia Avenue 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: High‑traffic location at a lighted intersection near Lakeview High School; Part of Promenade Square, a redeveloping shopping center under new ownership; **6,900 SF end cap retail suite available for lease**
    (269) 353-0311
    We can help!
    Listing Contact
    Jodi K Milks
    Real Estate License ID: 6502339107
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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