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Anchored Shopping Center
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For Lease
$10 SF/Yr

1581-1583 NE Capital Avenue #I, Battle Creek, MI 49017

Retail space is available within a center with established national and regional tenants.

Space SizeContact for details
Property Size42,837 SF
Days on Market5

Property Features for 1581-1583 NE Capital Avenue #I

General Information

Standard status Active
Size 42,837 SF
Zoning GC - Commercial
Lease Term 3 years minimum

Building Details

Building Size 42,837 SF
Year Built 1989
Buildings 2
Listing Agency: Cherney Realty Advisors
Listed By: Charles Cherney · License #6502109268
Source: Case-realty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:46PM

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

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Investment Insights

Based on property information with market context.

Retail space is offered within a shopping center built in 1989 and zoned GC - Commercial. The center is anchored by Family Fare and ACE Hardware, with additional tenants including RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block and McGonigle's Deli.

ACE Hardware recently expanded by 2,931 SF and signed a 10-year lease extension. Several other tenants have renewed their leases multiple times.

Key Highlights

  • Shopping center anchored by Family Fare and ACE Hardware
  • Additional tenants include RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block and McGonigle's Deli
  • ACE Hardware added 2,931 SF and signed a 10‑year extension

Property Analytics

Current Use

Shopping centers

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
$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

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

$10.83 /SF/Yr
Avg Asking Price
$9–$30 /SF/Yr
Price Range
36,655 SF
Avg Space Size

This space is priced 8% below the average of $10.83 /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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space is available within a center with established national and regional tenants.
Where is this shopping center located?
The property is located at 1581-1583 NE Capital Avenue #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 anchored by Family Fare and ACE Hardware; Additional tenants include RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block and McGonigle's Deli; ACE Hardware added 2,931 SF and signed a 10‑year extension
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