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

15e-1525 Michigan Ave W, Battle Creek, MI 49017

Vibrant retail center with high occupancy and excellent accessibility.

Property Size110,913 SF
Lot Size8.80 Acres
Days on Market96

Property Features for 15e-1525 Michigan Ave W

General Information

Standard status Active
Size 110,913 SF
Lot size 8.80 Acres
Listing Agency: Coldwell Banker Beiswanger Realty Group
Listed By: Doug Beiswanger · License #6502425012
Source: Exprealty
Added: Apr 28 Changed: Jul 10 Last Checked: Jul 31 at 5:04PM

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

Investment Insights

Based on property information with market context.

Urbandale Town Center is a well-maintained, grocery-anchored retail center located at 1525 W Michigan Avenue in Battle Creek. The property totals 110,913 square feet of storefront retail and office space on 8.80 acres, with an additional leasehold interest in 3.14 acres of parking. The center is stabilized at an 82% occupancy rate and benefits from a high-capacity parking lot. The property has Commercial B-1 zoning, which is the city's broadest zoning district. Out lots may be available. A Biggby Cube was installed in 2021, and a Huntington Bank ATM drive-thru is coming this summer. Current tenancy includes Family Fare, Three-fifteen Provision Center, Urbandale Physical Therapy, Dollar Tree, Battle Creek Beauty Supply, Razor Sharp Hair Shop, Great Wall Chinese Restaurant, H&R Block's Training Center, Thrifter's Oasis, and Affordable Mattress & Furniture. Speed's Diner is currently under construction and relocating to the property. Located on Michigan Highway 89 and two blocks west of Michigan Highway 37, Urbandale Town Center provides accessibility and exposure to 24,930 average vehicles per day. The lease term is negotiable.

Key Highlights

  • Grocery‑anchored retail center anchored by Family Fare with a stabilized 82% occupancy rate.
  • Prime location on Michigan Highway 89 with high visibility (24,930 average vehicles per day).
  • Superior Commercial B‑1 zoning, providing exceptional growth opportunities.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Restaurant Electrical Service Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom

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

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 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

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?
Shopping center - Vibrant retail center with high occupancy and excellent accessibility.
Where is this shopping center located?
The property is located at 15e-1525 Michigan Ave W 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: Grocery‑anchored retail center anchored by Family Fare with a stabilized 82% occupancy rate.; Prime location on Michigan Highway 89 with high visibility (24,930 average vehicles per day).; Superior Commercial B‑1 zoning, providing exceptional growth opportunities.
More about this property
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