847-780-8067
1571-1603 Capital Ave, Battle Creek, MI for Sale
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1571-1603 Capital Ave
Battle Creek, MI 49017


HIGHLIGHTS

  • The Property produces and NOI of $205,108
  • All three (3) tenants are on NNN leases and have been at the center since at least 2005
  • The anchor tenant, Family Fare Supermarket, has leased at the center since 1979
  • Partial replacement of Family Fare Supermarket's roof is in process
  • Property features dual-sided pylon signage along Capital Avenue and a large on-site parking lot totaling 106 spaces
  • Neighboring retailers include Walgreens, Dollar Tree, Dollar General, AutoZone Auto Parts, O’Reilly Auto Parts, Ace Hardware, Biggby Coffee, and more.

OVERVIEW

Capital Square Shopping Center is a grocery anchored retail center located along the western side of Capital Avenue in Battle Creek, Michigan. Capital Square Shopping Center totals 50,984 square feet on one (1) parcel of land totaling 5.06-acres. The center is 100% occupied across three (3) units with tenants featuring Family Fare Supermarket, Family Dollar and Rent-A-Center. All Tenants are on NNN leases. The Property produces a Net Operating Income (NOI) of approximately $205,108. The center features dual-sided monument signage along Capital Avenue featuring visibility and exposure to over 10,000 VPD and a large on-site parking lot totaling 106 surface level spaces. Neighboring retailers include Walgreens, Dollar Tree, Dollar General, AutoZone Auto Parts, O’Reilly Auto Parts, Ace Hardware, Biggby Coffee, McDonald’s, Taco Bell, Subway, KFC, and Wendy’s, among others.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capital Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

106

LAND DETAILS

CROSS STREETS

J Bartlett Dr

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

C2-COMM

APN/PARCEL ID

18-032-100-60

ASK ABOUT THIS PROPERTY

Zack PearlsteinFrontline Real Estate PartnersMore Info
847-780-8067

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Zack PearlsteinFrontline Real Estate PartnersMore Info
847-780-8067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.