Absolute Net Automotive
1249 West Columbia Avenue Battle Creek, MI 49015
1249 West Columbia Avenue, Battle Creek, MI, 49015
Contact for pricing
For Sale
Contact for pricing
For sale automotive property with an absolute net structure and a stated 20-year term.
Property Size5,720 SF
Price / SF$249.13
Days on Market35
Property Features for 1249 West Columbia Avenue
General Information
- Standard status
- Active
- Size
- 5,720 SF
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 1976
Listing agency
APEX Commercial Real Estate Advisors
(248) 702-0940
Listed by
Ayson Shammami · License #6502433307
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 8:13PM Checked: Jul 21 at 8:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale automotive property is offered on an absolute net basis, with “zero landlord responsibility” noted in the public remarks. The offering includes a stated 20-year term.
Located at 1249 West Columbia Avenue in Battle Creek, MI 49015, the property totals 5,720 square feet.
The information provided does not include additional unit mix or interior layout details, but the absolute net structure and long-term term are central to how the asset is being marketed for ownership.
Located at 1249 West Columbia Avenue in Battle Creek, MI 49015, the property totals 5,720 square feet.
The information provided does not include additional unit mix or interior layout details, but the absolute net structure and long-term term are central to how the asset is being marketed for ownership.
Key Highlights
- Automotive property for sale
- Year built: 1976
- Stated absolute net structure with zero landlord responsibility
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.5k | $15.48 |
| − Vacancy | −$3.7k | −$0.65 |
| EGI | $84.8k | $14.83 |
| − OpEx | −$25.4k | −$4.45 |
| NOI | $59.4k | $10.38 |
5,720 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$848.3K
$742.2K – $989.7K
NOI $59,379 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$505.4K
$442.2K – $589.6K
NOI $35,377 @ 7.0% cap · market cap 2.48%
Theoretical Best
Healthcare Medical
$67.85M
$59.37M – $79.16M
NOI $4,749,688 @ 7.0% cap · market cap 333.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Monro Auto Service ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Battle Creek Diesel & auto — 990 Main St, Battle Creek, MI 49014
- Crowe's Custom Cycles — 606 E Columbia Ave, Battle Creek, MI 49014
- JT Cycle — 825 Golden Ave, Battle Creek, MI 49014
- Woodard Automotive — 1018 E Columbia Ave, Battle Creek, MI 49014
- Wills Auto Service — 1018 E Columbia Ave, Battle Creek, MI 49014
FAQs
What type of property is this?
Auto shop - For sale automotive property with an absolute net structure and a stated 20-year term.
Where is this auto shop located?
The property is located at 1249 West Columbia Avenue Battle Creek, MI.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Automotive property for sale; Year built: 1976; Stated absolute net structure with zero landlord responsibility
