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Grocery-Anchored Shopping Center
For Lease
$10 SF/Yr

15a-1525 W Michigan Avenue, Battle Creek, MI 49037

A multi-tenant retail and office center with an established grocery anchor and a broad mix of businesses.

Space SizeContact for details
Property Size110,913 SF
Lot Size8.80 Acres
Days on Market12

Property Features for 15a-1525 W Michigan Avenue

General Information

Standard status Active
Size 110,913 SF
Lot size 8.80 Acres
Zoning Commercial B-1
Occupancy 82%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 110,913 SF
Tenancy Multi
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: Doug Beiswanger · License #6502425012
Source: Exprealty
Added: Oct 5 Changed: Oct 15 Last Checked: Oct 15 at 2:26AM

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 Coldwell Banker Beiswanger Realty Group

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Investment Insights

Based on property information with market context.

Urbandale Town Center is a 110,913-square-foot retail and office center on 8.80 acres, with a leasehold interest in an additional 3.14 acres used for parking. The property is 82% occupied and includes a Biggby Cube installed in 2021. Tenants include Family Fare, Dollar Tree, Urbandale Physical Therapy, Great Wall Chinese Restaurant, and other local businesses and service providers.

The center is located on Michigan Highway 89, two blocks west of Michigan Highway 37. The source reports combined traffic of 24,930 average vehicles per day. Commercial B-1 zoning is identified for the property.

Key Highlights

  • 110,913 square feet of retail and office space on 8.80 acres
  • Leasehold interest in an additional 3.14 acres of parking
  • 82% occupancy

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Restaurant Electrical Service Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store

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

82%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,428 visits/mo 0.2 miles

Demographics for 49037, MI

21,427
Population
9,971
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
1,110
Density / Sq Mi
$42,598
Median Household Income
$32,024
Median Earnings
$843
Median Rent
$90,600
Median Home Value

Market

Lease Benchmarks for Battle Creek, MI

$10.86 /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 $10.86 /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 - A multi-tenant retail and office center with an established grocery anchor and a broad mix of businesses.
Where is this shopping center located?
The property is located at 15a-1525 W Michigan Avenue 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: 110,913 square feet of retail and office space on 8.80 acres; Leasehold interest in an additional 3.14 acres of parking; 82% occupancy
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