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Absolute NNN Walgreens Lease
For Sale
Contact for pricing

605 North Ave, Battle Creek, MI 49017

Well-established Walgreens offered with a new 15-year absolute NNN lease and zero landlord obligations, corporately guaranteed by Walgreens.

Property SizeContact for details
Days on Market121

Property Features for 605 North Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 8:12PM

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 The Kase Group

Investment Insights

Based on property information with market context.

This offering presents a well-established Walgreens location with a new 15-year absolute NNN lease. The lease structure calls for zero landlord obligations and is corporately guaranteed by Walgreens. The recently extended lease provides for 5% increases every five years.

The property is situated at a signalized intersection of E Roosevelt Ave and 6 Mile Rd. It is adjacent to Bronson Battle Creek Hospital and Kellogg Community College.

The asset is presented for sale as a Walgreens investment under an absolute NNN framework with defined lease extension terms.

Key Highlights

  • Walgreens in Battle Creek, Michigan offered with a new 15‑year absolute NNN lease
  • Lease has zero landlord obligations and is corporately guaranteed by Walgreens
  • Recently extended lease includes 5% increases every 5 years

Property Analytics

Current Use

Redbox Cinema Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service Walgreens Cosmetic Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
41k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 43% Groceries 10%
Burger King Dining
10,024 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,685 visits/mo 0.3 miles
Arby's Dining
7,556 visits/mo 0.3 miles
Dollar General Shops & Services
7,390 visits/mo 0.2 miles
Save-A-Lot Groceries
4,205 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

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?
Drug store - Well-established Walgreens offered with a new 15-year absolute NNN lease and zero landlord obligations, corporately guaranteed by Walgreens.
Where is this drug store located?
The property is located at 605 North Ave Battle Creek, MI.
What are key features of this property?
This property features: Walgreens in Battle Creek, Michigan offered with a new 15‑year absolute NNN lease; Lease has zero landlord obligations and is corporately guaranteed by Walgreens; Recently extended lease includes 5% increases every 5 years
(510) 388-4438 Call to check price and availability
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