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Retail Space on Capital Avenue
For Lease
$14 SF/Yr

1504 Capital Ave NE 110, Battle Creek, MI 49017

1,500 SF retail space in Pennfield, near shopping center.

Property Size1,500 SF
Days on Market123

Property Features for 1504 Capital Ave NE 110

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial

Building Details

Year Built 2005
Listing Agency: Cherney Realty Advisors
Listed By: Charles Cherney · License #6502109268
Source: Elliman
Added: Apr 1 Changed: Jul 10 Last Checked: Jul 31 at 6:18AM

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 Cherney Realty Advisors

Investment Insights

Based on property information with market context.

This 1,500 square foot retail space is located in the middle unit of a three-unit strip center on Capital Avenue NE/M-66, which sees over 15,000 vehicles per day. The property is situated across from Pennfield Plaza/Capital Square Shopping Center. Nearby businesses include Family Fare Market, ACE Hardware, Rent-A-Center, Family Dollar, and others. The center has undergone remodeling and expansion in the past six months, adding over 55,000 square feet. The location is near a McDonald's, Wendy's, AutoZone, and over 250 apartments. The space measures approximately 25x60 feet and includes one ADA bathroom, a mop sink/storage room, and an open deck area with a second egress in the back. Features include a plaster ceiling, good lighting, partial ceramic flooring, and gas forced air. The property is located in the heart of Pennfield and the NE Battle Creek Market, less than 1,000 feet from Bailey Park. Adjoining tenants include an accounting office and Trim-A-Size Tanning, which has been there for over 20 years. The lease term is 5 years.

Key Highlights

  • High‑traffic location on Capital Avenue NE/M‑66 (15,000+ VPD)
  • Located across from Pennfield Plaza/Capital Square Shopping Center
  • Recently remodeled strip center (over 55,000 SF)

Property Analytics

Current Use

Boudica Spirit Alternative Medicine Practice The Edge Salon Hair Salon Ostermann Tax Service Tax Preparation Trim a Size Tanning ... Hair Salon Rena Rinearson Alternative Medicine Practice

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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
130k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 27% Groceries 18% Home Improvements & Furnishings 5%
McDonald's Dining
25,926 visits/mo 0.5 miles
Family Fare Groceries
23,556 visits/mo 0.1 miles
Shell Shops & Services
18,680 visits/mo 0.1 miles
Taco Bell Dining
12,625 visits/mo 0.4 miles
Wendy's Dining
10,332 visits/mo 0.2 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

$13.2 /SF/Yr
Avg Asking Price
$10–$14 /SF/Yr
Price Range
9,767 SF
Avg Space Size

This space is priced 6% above the average of $13.2 /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?
Strip mall - 1,500 SF retail space in Pennfield, near shopping center.
Where is this strip mall located?
The property is located at 1504 Capital Ave NE 110 Battle Creek, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Capital Avenue NE/M‑66 (15,000+ VPD); Located across from Pennfield Plaza/Capital Square Shopping Center; Recently remodeled strip center (over 55,000 SF)
More about this property
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