Anchored Shopping
For Lease
$10 SF/Yr
15811583 1581-1583 Ne Capital Avenue Ne I, Battle Creek, MI 49017
Established retail center with multiple recognized tenants and a recently expanded ACE Hardware location.
Space SizeContact for details
Days on Market15
Property Features for 15811583 1581-1583 Ne Capital Avenue Ne I
General Information
Standard status
Active
Building Details
Year Built
1989
Listing Agency:
Cherney Realty Advisors
(269) 420-6811
Listed By:
Charles Cherney, Alex R Cherney
Source:
Katie-k
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 30 at 8:03PM
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 1989 shopping center includes approximately 93,855 square feet overall, with available retail spaces situated within the southerly 42,873-square-foot section. The tenant roster includes Family Fare, ACE Hardware, RAC, Dollar Tree, Nova Care, MeMaw's Merchandise, H & R Block, and McGonigle's Deli.
Several occupants have renewed their leases multiple times, reflecting continued tenant presence within the center. ACE Hardware recently expanded by 2,931 square feet and executed a 10-year extension. The property is located at 1581-1583 NE Capital Avenue NE I in Battle Creek, Michigan.
Several occupants have renewed their leases multiple times, reflecting continued tenant presence within the center. ACE Hardware recently expanded by 2,931 square feet and executed a 10-year extension. The property is located at 1581-1583 NE Capital Avenue NE I in Battle Creek, Michigan.
Key Highlights
- Approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, and Dollar Tree
- Retail spaces located in the southerly 42,873 SF section of the center
- ACE Hardware added 2,931 SF and signed a 10‑year extension
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
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
$9.95 /SF/Yr
Avg Asking Price
$9–$10 /SF/Yr
Price Range
51,213 SF
Avg Space Size
This space is priced 1% above the average of $9.95 /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 - Established retail center with multiple recognized tenants and a recently expanded ACE Hardware location.
Where is this shopping center located?
The property is located at 15811583 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: Approximately 93,855 SF shopping center anchored by Family Fare, ACE Hardware, RAC, and Dollar Tree; Retail spaces located in the southerly 42,873 SF section of the center; ACE Hardware added 2,931 SF and signed a 10‑year extension
