1581-1583 NE Capital Ave NE, Battle Creek, MI 49017

Capital Square Shopping Center, a 50,984-square-foot retail center in Battle Creek, Michigan, presents a compelling investment opportunity. Located on a 5.06-acre parcel at 1583-1603 Capital Ave NE, 49017, this 100% occupied shopping center boasts three tenants: Family Fare Supermarket (anchor tenant since 1979), Family Dollar, and Rent-A-Center. All tenants are on NNN leases, expiring December 30, 2025, generating a net operating income (NOI) of approximately $205,108. Built in 1979 and renovated in 1991, the property features dual-sided monument signage on Capital Avenue, providing excellent visibility to over 10,000 vehicles per day. Ample parking is available with 106 surface-level spaces. The center benefits from a strong location near numerous national retailers, including Walgreens, Dollar Tree, Dollar General, AutoZone, O'Reilly Auto Parts, Ace Hardware, Biggby Coffee, McDonald's, Taco Bell, Subway, KFC, and Wendy's. A partial roof replacement is currently underway for the Family Fare Supermarket. The remaining tenants have occupied the center since at least 2005. This property offers a stable income stream and significant potential for future growth.