Retail Suite in Anchored
For Lease
$10 SF/Yr
1581-1583 NE Capital Avenue NE #I, Battle Creek, MI 49017
Retail space located in the southerly section of an anchored shopping center in Pennfield Charter Township.
Property Size42,837 SF
Days on Market229
Property Features for 1581-1583 NE Capital Avenue NE #I
General Information
Standard status
Active
Size
42,837 SF
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:
Sabudarealty
Added: Dec 14, 2025
Changed: Jul 22
Last Checked: Jul 31 at 1:03PM
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 is for retail space within an approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli, among others. The available spaces are located in the southerly 42,873 SF section of the center.
Tenant stability is a key feature of the property, with nearly all tenants having renewed their leases several times and representing top stores in their territory. ACE Hardware recently added 2,931 SF and signed a 10-year extension, and the lease terms for this space include a minimum of 3 years.
Tenant stability is a key feature of the property, with nearly all tenants having renewed their leases several times and representing top stores in their territory. ACE Hardware recently added 2,931 SF and signed a 10-year extension, and the lease terms for this space include a minimum of 3 years.
Key Highlights
- Retail shopping center built in 1989; total center size approx. 93,855 SF
- Anchored by multiple tenants including Family Fare, ACE Hardware, Dollar Tree, and others
- Subject spaces are in the southerly 42,873 SF section of the shopping center
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 - Retail space located in the southerly section of an anchored shopping center in Pennfield Charter Township.
Where is this shopping center located?
The property is located at 1581-1583 NE Capital Avenue 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: Retail shopping center built in 1989; total center size approx. 93,855 SF; Anchored by multiple tenants including Family Fare, ACE Hardware, Dollar Tree, and others; Subject spaces are in the southerly 42,873 SF section of the shopping center
