Shopping Neighborhood
100% Occupied Shopping Center | Multiple National Tenants | Battle Creek, MI
30 W Columbia Ave, Battle Creek, MI 49015
Listing Price: $3,685,000
Cap Rate
8.00%
Gross SF
69,832
Rentable SF
69,832
Price/Gross SF
$52.77
Lot Size
5.28 acres
Year Built
1962
Investment Overview
Marcus & Millichap is pleased to bring to market Battle Creek Plaza located in Battle Creek, MI.
100% Occupied Shopping Center | Multiple National Tenants | Battle Creek, MI
Investment Highlights
- 100% Occupied Shopping Center with an Average Weighted Lease Term of 7.34 Years
- American Freight & Gordon Food Service Signed New 10-Year Leases | 73% of the GLA
- $5.41 is the Average Market Rent at the Subject Property | $10.07 is the Average Market Rent in Battle Creek
- 20,000+ Vehicles Per day |5.28 Acre Parcel | Lighted Parking Lot With Strong Visibility and Multiple Access Points
- Located in a Dense Retail Corridor Near Multiple National Tenants Such as Planet Fitness, Walgreens, CVS, Pizza Hut, Taco Bell, Popeyes, Circle K, Rite Aid and More
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Shopping Neighborhood
100% Occupied Shopping Center | Multiple National Tenants | Battle Creek, MI
Listing Price: $3,685,000
Cap Rate
8.00%
Gross SF
69,832
Rentable SF
69,832
Price/Gross SF
$52.77
Lot Size
5.28 acres
Year Built
1962
Investment Highlights
- 100% Occupied Shopping Center with an Average Weighted Lease Term of 7.34 Years
- American Freight & Gordon Food Service Signed New 10-Year Leases | 73% of the GLA
- $5.41 is the Average Market Rent at the Subject Property | $10.07 is the Average Market Rent in Battle Creek
- 20,000+ Vehicles Per day |5.28 Acre Parcel | Lighted Parking Lot With Strong Visibility and Multiple Access Points
- Located in a Dense Retail Corridor Near Multiple National Tenants Such as Planet Fitness, Walgreens, CVS, Pizza Hut, Taco Bell, Popeyes, Circle K, Rite Aid and More
Investment Overview
Marcus & Millichap is pleased to bring to market Battle Creek Plaza located in Battle Creek, MI.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
