Shadow-Anchored Shopping Center
For Sale
Contact for pricing
5420 Beckley Rd, Battle Creek, MI 49015
Leasing and ownership offering for a 72,222 SF portion of Minges Creek Plaza, currently 94% occupied.
Property Size72,222 SF
Days on Market120
Property Features for 5420 Beckley Rd
General Information
Standard status
Active
Size
72,222 SF
Property subtype
Retail
Occupancy
94%
Additional Details
Cap Rate
8.8%
Highway Access
Yes
Amenities
pylon signs
ample parking
several ingress/egress options
traffic light access
complete façade renovation
Building Details
Year Renovated
2019
Tenancy
Multi
Listing Agency:
NAI Wisinski of West Michigan - Kalamazoo
(269) 353-0311
Listed By:
Jodi K. Milks, CCIM · License #6506044331
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:46PM
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 - Kalamazoo
Investment Insights
Based on property information with market context.
This offering includes a 72,222 SF portion of Minges Creek Plaza, a shadow-anchored community shopping center anchored by Hobby Lobby and Big Lots. The plaza is currently 94% occupied and features a mix of national and local tenants, including JoAnn Fabrics & Crafts, Biggby Coffee, Xfinity, Supercuts, Tropical Smoothie Cafe, The UPS Store, Check ‘n Go, LA Insurance, Michigan Secretary of State, B2 Outlet Stores, Wild Bill’s Tobacco and Island Heat. The property also underwent a complete façade renovation in 2019 and includes ample parking with multiple ingress/egress options.
The center is located along the busy Beckley Road/B Drive North retail corridor, just south of I-94, with access and visibility tied to interchanges between I-94/Capital Avenue, SW and M-66. Additional access includes traffic light control at Beckley Road/Riverside Drive, and the property has two pylon signs plus one shared sign with Hobby Lobby/Big Lots.
The subject includes a portion of the 157,758 SF community shopping center and excludes Hobby Lobby, Big Lots, and Taco Bell. An associated 0.78-acre outparcel is included as a value-add opportunity, subject to cooperation with the neighboring owner. Sale is subject to tenant rights, if any, and financial details are available with a signed confidentiality agreement.
The center is located along the busy Beckley Road/B Drive North retail corridor, just south of I-94, with access and visibility tied to interchanges between I-94/Capital Avenue, SW and M-66. Additional access includes traffic light control at Beckley Road/Riverside Drive, and the property has two pylon signs plus one shared sign with Hobby Lobby/Big Lots.
The subject includes a portion of the 157,758 SF community shopping center and excludes Hobby Lobby, Big Lots, and Taco Bell. An associated 0.78-acre outparcel is included as a value-add opportunity, subject to cooperation with the neighboring owner. Sale is subject to tenant rights, if any, and financial details are available with a signed confidentiality agreement.
Key Highlights
- 72,222 SF portion of Minges Creek Plaza (APNs 13‑52‑5515‑00‑035‑0, 13‑52‑5515‑00‑005‑0 & 13‑52‑0086‑00‑375‑0)
- Currently 94% occupied with a tenant mix including JoAnn Fabrics & Crafts, Biggby Coffee, Xfinity, Supercuts, Tropical Smoothie Cafe, and more
- In‑place NOI of $770,454 with an 8.8% cap rate
Property Analytics
Current Use
Lease Details
94%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
314k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 32%
Superstores 28%
Apparel 3%
Sam's Club
Superstores
72,560 visits/mo
0.5 miles
Culver's
Dining
30,572 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
30,216 visits/mo
0.0 miles
Sam's Club Gas Station
Shops & Services
27,793 visits/mo
0.5 miles
Taco Bell
Dining
17,697 visits/mo
0.1 miles
Demographics for 49015, MI
28,008
Population
12,522
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
91%
High-School Grad
27.2 sq mi
ZIP Area
1,030
Density / Sq Mi
$67,719
Median Household Income
$39,900
Median Earnings
$980
Median Rent
$171,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Leasing and ownership offering for a 72,222 SF portion of Minges Creek Plaza, currently 94% occupied.
Where is this shopping center located?
The property is located at 5420 Beckley Rd Battle Creek, MI.
What are key features of this property?
This property features: 72,222 SF portion of Minges Creek Plaza (APNs 13‑52‑5515‑00‑035‑0, 13‑52‑5515‑00‑005‑0 & 13‑52‑0086‑00‑375‑0); Currently 94% occupied with a tenant mix including JoAnn Fabrics & Crafts, Biggby Coffee, Xfinity, Supercuts, Tropical Smoothie Cafe, and more; In‑place NOI of $770,454 with an 8.8% cap rate
