Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5420 Beckley Rd, Unit 5420H Battle Creek, MI 49015

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $16 SF/Yr

    Retail space for lease in busy Battle Creek shopping center.

    Property size:
    72,222 SF
    Lot size:
    5.74 Acres

    Property Features for 5420 Beckley Rd

    General Information

    Standard status
    Pending
    Size
    72,222 SF
    Lot size
    5.74 Acres

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Jodi K Milks
    Source: Exitrealty

    Listing Agency: NAI Wisinski of West Michigan Listing Agent: Jodi K Milks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Minges Creek Plaza

    Up to 19,790 square feet of retail space is available for lease at Minges Creek Plaza, a community shopping center with over 157,500 square feet. The center is located on the Beckley Road retail corridor in Battle Creek, Michigan, just south of I-94, between the Capital Avenue, SW & M-66 Interchanges, providing highway access. The property features multiple ingress and egress options, including traffic-light access at Beckley Road and Riverside Drive, two pylon signs, and ample parking. It also has access to the adjacent Target-anchored Minges Brook Mall. Co-tenants include Hobby Lobby, Eyemart Express, Biggby Coffee, The UPS Store, Check 'n Go, Supercuts, Tropical Smoothie Cafe, Xfinity, Wild Bill's Tobacco, Michigan Secretary of State, and Taco Bell. Neighboring retailers include Target, Sam's Club, Walmart, Lowe's, Tractor Supply Company, ALDI, Kohl's, Menards, and Meijer. The available space, designated as 5420H, is the southern portion of the former B2 suite, situated between Omurice Ramen & Tea and Island Heat Tanning. The lease term is 60 months.
    Location Intelligence

    Current Use by Public Records

    Secretary of State office Department Of Motor Vehicles JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store Earthcraft Biosystems Big Box & Wholesale Store Lefty's Cheesesteaks Restaurant Great Lakes Heating ... Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Minges Brook Mall, Minges Creek Plaza, Proactiv Kiosk, Coin Cloud Bitcoin ATM, Lakeview Square Mall

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.190261
    Latitude
    42.259878

    Nearby Similar for Lease

    • New
      $14 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available for lease.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $15 SF/Yr
      72,222 SF

      Retail Space in Minges Creek

      Up to 19,790 SF available for lease.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $13 SF/Yr
      72,222 SF

      Retail Space in Minges Creek

      Up to 19,790 SF available in community shopping center.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $9 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available in community shopping center.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $16 SF/Yr
      72,222 SF

      Retail Space in Minges Creek

      Up to 19,790 SF available for lease in Battle Creek.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $22 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available for lease.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • New
      $16 SF/Yr
      72,222 SF

      Retail Space in Battle Creek

      Up to 19,790 SF available in community shopping center.
      5420-5466 Beckley Rd, Battle Creek, MI 49015
      View Details
    • $20 SF/Yr
      10,412 SF

      Turnkey Ambulatory Surgery Center Available

      Turnkey Ambulatory Surgery Center available for lease in Battle Creek.
      3770 SW Capital Ave, Battle Creek, MI 49015
      View Details
    • $10 SF/Yr
      3,748 SF

      Lakeview Retail/Office/Warehouse Space Available

      3,748 SF retail/office/warehouse space in the heart of Lakeview.
      79 S 20Th St, Battle Creek, MI 49015
      View Details
    • New
      $39 SF/Yr
      200 SF

      Salon Suites in Battle Creek

      Salon suites available for rent in Battle Creek, Michigan.
      119 E Columbia Ave, Battle Creek, MI 49015
      View Details
    • $18 SF/Yr
      3,611 SF

      Medical Suite in Battle Creek

      2994 SF medical suite with multiple exam and private offices.
      2845 Capital Ave SW, Battle Creek, MI 49015
      View Details
    • $11 SF/Yr
      1,632 SF

      Battle Creek Office Building For Rent

      Turn-key office building in Lakeview with high visibility.
      141 W Territorial Rd, Battle Creek, MI 49015
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in busy Battle Creek shopping center.
    Where is this shopping center located?
    The property is located at 5420 Beckley Rd, Unit 5420H Battle Creek, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Located in Minges Creek Plaza, a large community shopping center on Beckley Road.; - Excellent highway access, just south of I-94.; - Multiple ingress/egress options, including traffic-light access.
    (269) 353-0311
    Request Owner's contact information
    5420 Beckley Rd, Unit 5420H Battle Creek, MI 49015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5420 Beckley Rd, Unit 5420H
    Battle Creek, MI 49015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    5420 Beckley Rd, Unit 5420H Battle Creek, MI 49015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jodi K Milks
    Real Estate License ID: 6502339107
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!