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Property profile & analytics
FOR LEASE
Office buildings

2845 Capital Ave SW Battle Creek, MI 49015

38,577 SF 4.87 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US43-2175539
Property summary
AI-generated overview

This exceptional 38,577 square foot Class B medical office building, situated on 4.87 acres at 2845 Capital Avenue in Battle Creek, offers immediate occupancy in two available suites ranging from 700 to 3,611 square feet. Built in 1992, this three-story building boasts a desirable location along the Capital Avenue corridor, experiencing high traffic volume of 13,470 vehicles daily. The available spaces are completely vacant, providing a unique opportunity for tenant build-out and customization. Benefit from prominent signage opportunities on the monument sign along Capital Avenue, ensuring excellent visibility and brand recognition. The property is zoned T3 and features a single building with multiple tenants, including established medical practices such as Fresenius Dialysis Center, Borgess Medical Center, B&T Medical Adventures, Oakland Orthopedics, Advanced Vascular Surgery, and Bronson Methodist. This presents a strong medical synergy and a thriving professional environment. The property's APN is 0086-00-940-0. This is an unparalleled chance to establish or expand your medical practice in a high-traffic, well-established medical center. Don't miss this opportunity to secure your ideal space in this thriving Battle Creek location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Total area 38,577 SF
Lot 4.87 ac (212,137 SF)
Zoning code T3
APN 0086-00-940-0
UPID US43-2175539
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Byron D. Campbell II, MD Physician Medical Clinic
  • William Workman, DO Pediatrician Physician
  • Dr. Jeffrey Jones Physician Medical Clinic
  • Dr. Robert Shurmur Physician
  • Michigan Home Dialysis Center Inc Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.94M
Blend (final) Blend
$3.95M
Owner & transaction history
Kre Jup Mi LLC · 3 yrs held
Kre Jup Mi LLC
since 2023
2 recorded transactions
2023
Price N/A
2019
Price N/A
Zoning & alternative use
T3 · Battle Creek, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.9M +70.8%
Restaurant $3.2M +12.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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