Anchored Neighborhood Shopping
For Lease
$10 SF/Yr
1581-1583 NE Capital Ave NE I, Battle Creek, MI 49017
Available spaces are offered in the center’s southerly 42,873 SF section of the anchored retail complex.
Property Size42,873 SF
Days on Market97
Property Features for 1581-1583 NE Capital Ave NE I
General Information
Standard status
Active
Size
42,873 SF
Property subtype
Commercial
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
Cherney Realty Advisors
(269) 420-1347
Listed By:
Charles Cherney · License #6502109268
(269) 420-1347
Source:
Elliman
Added: Apr 27
Changed: Jul 21
Last Checked: Jul 31 at 9:39AM
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 offering includes available retail spaces within the southerly 42,873 SF section of an approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, McGonigle's Deli, and other established tenants. Public remarks indicate that nearly all tenants have renewed their leases multiple times and represent top stores in their territory.
Within the center, ACE Hardware recently added 2,931 SF and signed a 10-year extension, supporting a stabilized tenant base. The available spaces are described as being in the southerly 42,873 SF area, with a stated lease term of 3 years minimum.
With Walk Score and Bike Score metrics provided (72 Very Walkable and 51 Bikeable), the center is positioned to serve day-to-day retail traffic for surrounding trade.
Within the center, ACE Hardware recently added 2,931 SF and signed a 10-year extension, supporting a stabilized tenant base. The available spaces are described as being in the southerly 42,873 SF area, with a stated lease term of 3 years minimum.
With Walk Score and Bike Score metrics provided (72 Very Walkable and 51 Bikeable), the center is positioned to serve day-to-day retail traffic for surrounding trade.
Key Highlights
- Shopping center totaling approx. 93,855 SF, anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, and more
- Available spaces located in the center’s southerly 42,873 SF section
- ACE Hardware recently added 2,931 SF and signed a 10‑year extension
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$10.08 /SF/Yr
Avg Asking Price
$7–$16 /SF/Yr
Price Range
56,411 SF
Avg Space Size
This space is priced 1% below the average of $10.08 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Available spaces are offered in the center’s southerly 42,873 SF section of the anchored retail complex.
Where is this shopping center located?
The property is located at 1581-1583 NE Capital Ave NE I 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: Shopping center totaling approx. 93,855 SF, anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, and more; Available spaces located in the center’s southerly 42,873 SF section; ACE Hardware recently added 2,931 SF and signed a 10‑year extension
