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Shopping Neighborhood

100% Occupied Shopping Center | Multiple National Tenants | Battle Creek, MI

30 W Columbia Ave, Battle Creek, MI 49015

Listing Price: $3,800,000

Cap Rate
7.76%
Gross SF
69,832
Rentable SF
69,832
Price/Gross SF
$54.42
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.

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

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Shopping Neighborhood

100% Occupied Shopping Center | Multiple National Tenants | Battle Creek, MI

Listing Price: $3,800,000

Cap Rate
7.76%
Gross SF
69,832
Rentable SF
69,832
Price/Gross SF
$54.42
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

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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