Retail Space with
For Sale
$1,400,000
5445 Beckley Road, Battle Creek, MI 49015
Commercial Sale, Battle Creek, MI
Property Size3,526 SF
Lot Size0.93 Acres
Price / SF$397.05
Days on Market46
Property Features for 5445 Beckley Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
B-2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
Lakeview
Middle school district
Lakeview
High school district
Lakeview
Standard status
Active
APN
52-0075-00-515-0
Size
3,526 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
On file.
Tax Annual Amount
28916
Legal Description
On file.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1996
Floors in Building
1
Number of units
1
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Dane L Davis · License #6502376827
(269) 459-0434
Added: Jul 30
Changed: Sep 7
Last Checked: Sep 13 at 7:06PM
MLS# 26039533
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property contains approximately 3,526 square feet and includes a drive-through component. The building was constructed in 1996 and is equipped with forced-air heating and central air conditioning. Two bathrooms are identified in the property information, and cable service is available.
Access is provided from Beckley Road, which carries more than 21,000 vehicles per day. The property is also positioned next to I-94, a highway corridor reporting average daily traffic of 46,000 vehicles. Downtown Battle Creek is approximately four miles away. Nearby commercial references include nationally flagged hotels, Chick-fil-A, McDonald's, Taco Bell, Burger King, Culver's, Target, Walmart Supercenter, Meijer, Lowe's, Menards, Best Buy, Horrocks, and regional shopping centers.
Access is provided from Beckley Road, which carries more than 21,000 vehicles per day. The property is also positioned next to I-94, a highway corridor reporting average daily traffic of 46,000 vehicles. Downtown Battle Creek is approximately four miles away. Nearby commercial references include nationally flagged hotels, Chick-fil-A, McDonald's, Taco Bell, Burger King, Culver's, Target, Walmart Supercenter, Meijer, Lowe's, Menards, Best Buy, Horrocks, and regional shopping centers.
Key Highlights
- Approximately 3,526 square feet of retail space
- Drive‑through component with entry and egress from Beckley Road
- Beckley Road traffic exceeds 21,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,218
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,360
$784.4K
Cap Rate 7%
$560,257
$560.3K
Cap Rate 9%
$435,756
$435.8K
Market Conditions
NOI Build-Up for 3,526 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.6K $15.48/SF
− Vacancy
−$2.3K −$0.65/SF
EGI
$52.3K $14.83/SF
− OpEx
−$13.1K −$3.71/SF
NOI
$39.2K $11.12/SF
Area
Calhoun County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,360
Cap Rate 7%
$560,257
Cap Rate 9%
$435,756
Alternative Uses
Best Use
Specialty Retail
$560.3K
$490.2K – $653.6K
NOI $39,218 @ 7.0% cap · market cap 2.80%
Second Best
Retail
$522.9K
$457.5K – $610.1K
NOI $36,603 @ 7.0% cap · market cap 2.61%
Theoretical Best
Healthcare Medical
$41.83M
$36.60M – $48.80M
NOI $2,927,867 @ 7.0% cap · market cap 209.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
293k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Superstores 5%
Apparel 3%
Culver's
Dining
30,572 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
30,216 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
27,793 visits/mo
0.5 miles
McDonald's
Dining
23,272 visits/mo
0.5 miles
Starbucks
Dining
19,443 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Vehicle entry and exit are available from Beckley Road for drive-through-oriented retail use.
Where is this retail space located?
The property is located at 5445 Beckley Road Battle Creek, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approximately 3,526 square feet of retail space; Drive‑through component with entry and egress from Beckley Road; Beckley Road traffic exceeds 21,000 vehicles per day
