Auto Shop Portfolio with
New
For Sale
$725,000
180 S Kendall St S, Battle Creek, MI 49037
Two operating properties combine repair, warehouse, workshop, and customer-facing space under I-2 zoning.
Property Size9,120 SF
Lot Size1.06 Acres
Price / SF$79.50
Days on Market3
Property Features for 180 S Kendall St S
General Information
Standard status
Active
Size
9,120 SF
Lot size
1.06 Acres
Property subtype
Commercial
Zoning
I-2 Heavy Industrial District
Additional Details
Cap Rate
9.1%
Road Access
Yes
Drive-In Doors
9
Taxes and HOA fees
Annual Taxes
$4,430
Amenities
warehouse space
shop space
upholstery workshop
retail/showroom areas
nine grade-level overhead doors
Building Details
Year Built
1980
Buildings
2
Units
1
Building Size
9,120 SF
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Jodi K Milks · License #6506044331
(269) 353-0311
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:25AM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
This two-property auto shop portfolio includes approximately 9,120 square feet of leasable space across 1.06 acres. The buildings provide warehouse and shop areas, an upholstery workroom, retail and showroom space, and a combined nine grade-level overhead doors. Precision Glass & Glazing & Upholstery occupies the properties and operates an auto glass repair and replacement business from the site.
The properties sit at the corner of S. Kendall St. and W. Dickman Rd. in Battle Creek, within an established automotive retail corridor. The parcels are zoned I-2 Heavy Industrial District.
The sale includes a sale-leaseback with the current occupant, who will enter into a 10-year NNN lease upon closing. The offering reports a 9.1% cap rate.
The properties sit at the corner of S. Kendall St. and W. Dickman Rd. in Battle Creek, within an established automotive retail corridor. The parcels are zoned I-2 Heavy Industrial District.
The sale includes a sale-leaseback with the current occupant, who will enter into a 10-year NNN lease upon closing. The offering reports a 9.1% cap rate.
Key Highlights
- Sale‑leaseback includes a 10‑year NNN lease with the current occupant
- Approximately 9,120 SF of leasable area on 1.06 acres
- Two primary buildings feature nine grade‑level overhead doors combined
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,405
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,100
$1.1M
Cap Rate 7%
$805,786
$805.8K
Cap Rate 9%
$626,722
$626.7K
Market Conditions
NOI Build-Up for 9,120 SF
Gross rent
$86.5K $9.48/SF
− Vacancy
−$5.9K −$0.64/SF
EGI
$80.6K $8.84/SF
− OpEx
−$24.2K −$2.65/SF
NOI
$56.4K $6.18/SF
Area
Calhoun County, MI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,128,100
Cap Rate 7%
$805,786
Cap Rate 9%
$626,722
Alternative Uses
Best Use
Retail
$1.35M
$1.18M – $1.58M
NOI $94,674 @ 7.0% cap · market cap 13.06%
Second Best
Warehouse
$978.5K
$856.2K – $1.14M
NOI $68,492 @ 7.0% cap · market cap 9.45%
Theoretical Best
Healthcare Medical
$108.18M
$94.66M – $126.22M
NOI $7,572,929 @ 7.0% cap · market cap 1,044.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
9
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Tiger's Towing — 111 S Kendall St, Battle Creek, MI 49037
- Mom & Pop's Auto Shop — 333 W Hamblin Ave, Battle Creek, MI 49037
- Toyota — Battle Creek, MI 49017
- Barney's Brake Services — 267 Michigan Ave, Battle Creek, MI 49037
- Affordable D.R.E. Auto Care — 300 Jackson St W, Battle Creek, MI 49037
Frequently Asked Questions
What type of property is this?
Auto shop - Two operating properties combine repair, warehouse, workshop, and customer-facing space under I-2 zoning.
Where is this auto shop located?
The property is located at 180 S Kendall St S Battle Creek, MI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Sale‑leaseback includes a 10‑year NNN lease with the current occupant; Approximately 9,120 SF of leasable area on 1.06 acres; Two primary buildings feature nine grade‑level overhead doors combined
