Capital Square Shopping Center

For Sale

1603 Capital Ave NE, Battle Creek, MI 49017

This Battle Creek property for sale is located at 1603 Capital Ave NE. The current listed sale price for Capital Square Shopping Center is Subject To Offer. Capital Square Shopping Center is situated on a lot that is 5.06 acre in size.

Contacts

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063

Property Details

  • Property Type Retail
  • Property Size 50,984 SF
  • Units 3
  • Lot Size 5.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1979
  • Year Renovated 1991
  • Date Updated Mar 15, 2024
Capital Square Shopping Center is located along the western side of Capital Avenue in Battle Creek, Michigan. Battle Creek has a population of over 50,000 and is located 100-miles west of Detroit, and 50-miles south of Grand Rapids. Battle Creek is known for being the home of Kellogg’s. Within Battle Creek, the Subject Property is located just over two (2) miles north of Downtown Battle Creek along Capital Avenue. Capital Avenue, also known as M-66, is a north-south state trunkline highway that runs from the Indiana State line to Northern Michigan. Capital Avenue intersects with Interstate-194 in Battle Creek which connects with Interstate-94, just over five (5) miles south of the Property. Interstate-94 runs from Chicago through Detroit and provides access to the rest of the interstate system. Other nearby transportation options include Battle Creek Executive Airport and the Battle Creek Amtrak Station. Battle Creek Executive Airport is located just five (5) miles from the Property and offers travel to both Chicago and Detroit. The Battle Creek Amtrak Station offers round-trips from Chicago to Detroit and is located approximately two (2) miles south of Capital Square Shopping Center. Capital Square Shopping Center is located just over one (1) mile north of Kellogg Community College and two (2) miles north of Kellogg’s headquarters. The multitenant retail center is in a secondary commercial corridor within Battle Creek. 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.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.

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Highlights

  • At the existing 100% occupancy rate, the Property produces an NOI of approximately $202,036
  • All three (3) tenants are on NNN leases and have been at the center since at least 2005
  • 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, McDonald’s, Taco Bell, Subway, KFC, and Wendy’s, among others

Getting around

  • 53/100

    Walk Score ®

  • 43/100

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Location

  • City Battle Creek, MI
  • Zip Code 49017
  • Market Detroit

Points of Interest

  • Battle Creek

    2.52 miles

  • Shell

    0.12 miles

  • Marathon

    0.13 miles

  • Marathon

    1.22 miles

  • Marathon

    1.23 miles

  • Marathon

    1.35 miles

  • Marathon

    1.48 miles

  • Citgo

    1.64 miles

  • Citgo

    2.48 miles

  • Citgo

    2.52 miles

  • BP

    2.70 miles

  • Calhoun County Trailway Parking

    1.24 miles

  • Ott Biological Preserve Northwest Parking

    2.05 miles

  • Michigan Ave Parking Ramp

    2.23 miles

  • State St. parking

    2.24 miles

  • W.K. Kellogg Foundation Parking Garage

    2.32 miles

  • McCamly Place Parking Ramp

    2.40 miles

  • Ott Biological Preserve Southeast Parking

    2.85 miles

  • Willard Park Pubic Parking

    4.68 miles

  • Woodland Park Helmer Road Entrance

    6.31 miles

  • Woodland Park Gethings Road Entrance

    6.43 miles

  • Brownstone North

    0.12 miles

  • Pennfield Pizza

    0.19 miles

  • Wendy's

    0.21 miles

  • KFC

    0.22 miles

  • Subway

    0.35 miles

  • Taco Bell

    0.38 miles

  • McDonald's

    0.46 miles

  • Coney Island Grill

    0.65 miles

  • Golden Dragon

    0.79 miles

  • Little Caesars

    1.04 miles

  • Family Fare

    0.01 miles

  • Komark's

    1.28 miles

  • Nina's Market

    2.91 miles

  • Family Fare

    3.87 miles

  • Nature's Bounty Herb Shop

    3.94 miles

  • Family Fare

    4.00 miles

  • Aldi

    4.47 miles

  • Wheatfield Market

    5.05 miles

  • Meijer

    5.39 miles

  • Meijer

    5.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Matthew Tarshis

Frontline Real Estate Partners

(847) 780-8063