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Retail Space in Regional Shopping Center
For Lease
$10 SF/Yr CAM $3.50 /USD/SF/YR

1581 Capital Ave NE, Battle Creek, MI 49017

Rectangular unit with a rear restroom within a multi-tenant retail center.

Space Size2,700 SF
Days on Market140

Property Features for 1581 Capital Ave NE

General Information

Standard status Active
Size 2,700 SF
Net Rentable 2,700 SF
Property subtype Retail, Office
Zoning GC
Lease Type NNN

Space & Availability

Available Space 2,700 SF
Contiguous Space 2,700 SF
Space Use Retail

Lease Terms

Lease Rate $10 /USD/SF/YR
Monthly Rent $2,250
Rent per SF/Year $10
CAM $3.50 /USD/SF/YR

Additional Details

Anchor Co-Tenants Family Fare, Ace Hardware, Rent-A-Center, Dollar Tree, Nova Care, MeMaw's Merchandise, H&R Block, McGonigle's Deli

Amenities

restroom

Building Details

Building Size 2,700 SF
Stories 1
Tenancy Multi
Listing Agency: Cherney Realty Advisors, Inc.
Listed By: Alex Cherney
Source: Cpix.resimplifi
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 5:37PM

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, Inc.

Investment Insights

Based on property information with market context.

Unit I offers approximately 2,700 SF within a 93,855 SF regional shopping center. The rectangular retail space includes a restroom positioned toward the rear and is located in the center’s southerly 42,873 SF section. The property carries GC zoning.

The shopping center includes Family Fare, Ace Hardware, Rent-A-Center, Dollar Tree, Nova Care, MeMaw's Merchandise, H&R Block, and McGonigle's Deli. Ace Hardware recently completed a store expansion and remodel and executed a 10-year lease extension, adding a recently upgraded anchor to the center’s tenant mix.

Key Highlights

  • Approximately 2,700 SF retail unit
  • Located within a 93,855 SF regional shopping center
  • Rectangular layout with a restroom in the rear section

Property Analytics

Current Use

Great Lakes Ace Building Supply Resharp Sharpening Service

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

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

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

$11.43 /SF/Yr
Avg Asking Price
$6.77–$30 /SF/Yr
Price Range
18,941 SF
Avg Space Size

This space is priced 13% below the average of $11.43 /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?
Retail space - Rectangular unit with a rear restroom within a multi-tenant retail center.
Where is this retail space located?
The property is located at 1581 Capital Ave NE 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: Approximately 2,700 SF retail unit; Located within a 93,855 SF regional shopping center; Rectangular layout with a restroom in the rear section
More about this property
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