Retail Space
588 Capital Avenue Southwest Battle Creek, MI 49015
Details & Description
Price: $1,350,000
    KW Commercial is pleased to present a Dollar General Anchored Strip Center located in Battle Creek, MI. The subject property is a two-tenant 12,525 sqaure foot building situated on a 0.81 acre lot. Dollar General, recently extending to October 2028 and Valiant Outfitters (12/2024) are both operating under a NN+ lease with reimbursements for real estate taxes, insurance, parking lot maintenance, and snow removal. Both leases feature minimal landlord responsibilities and risk to expense recapture. Dollar General's lease features 10% rental bumps in each of their remaining 4-5 year options. The property features an attractive credit rated tenant mix, passive investment opportunity at below replacement cost value.
    Property Highlights
    Additional Photos
    Listing Agents
    Tyler Nepote
    KW Commercial
    O: 913-638-1626
    tyler@wedgewoodcp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    588 Capital Avenue Southwest

    Battle Creek, MI 49015

    Listing ID: 271122
    • 588 Capital Avenue Southwest Battle Creek, MI 49015 | for Sale | Photo 1
    • 588 Capital Avenue Southwest Battle Creek, MI 49015 | for Sale | Photo 2
    • 588 Capital Avenue Southwest Battle Creek, MI 49015 | for Sale | Photo 3
    • 588 Capital Avenue Southwest Battle Creek, MI 49015 | for Sale | Photo 4
    588 Capital Avenue Southwest | for Sale | Thumbnail 1
    588 Capital Avenue Southwest | for Sale | Thumbnail 2
    588 Capital Avenue Southwest | for Sale | Thumbnail 3
    588 Capital Avenue Southwest | for Sale | Thumbnail 4
    Building Size: 12,525 SF
    Lot Size: 0.810 AC
    Land Size: 35,283 SF
    Building $/SF: $107.78
    Land $/SF: $38.26
    Price
    $1,350,000
    Property Highlights
    70 of Strip Leased to Fortune 500 Tenant 85 of NOI
    Dollar General Boasts Strong Sales - Recent Rare 7 Year Extension 10312028
    Attractive Cap Rate
    Dollar General has Four-Five Year Options To Renew
    Both tenants have long term leases and show commitment to the site
    ReplaceableBelow Market Rents
    Limited Landlord Responsibilities - Roof Structure
    Attractive Demographics - 77,820 within 5 miles
    Prime location in Battle Creek, MI 20,000 Vehicles Per Day
    Description

    KW Commercial is pleased to present a Dollar General Anchored Strip Center located in Battle Creek, MI. The subject property is a two-tenant 12,525 sqaure foot building situated on a 0.81 acre lot. Dollar General, recently extending to October 2028 and Valiant Outfitters (12/2024) are both operating under a NN+ lease with reimbursements for real estate taxes, insurance, parking lot maintenance, and snow removal. Both leases feature minimal landlord responsibilities and risk to expense recapture. Dollar General's lease features 10% rental bumps in each of their remaining 4-5 year options. The property features an attractive credit rated tenant mix, passive investment opportunity at below replacement cost value.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Battle Creek Area Market Trends

    Listing Demographics for 588 Capital Avenue Southwest Battle Creek, MI 49015

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,10147,81975,427
    Population Median Age353839
    Population by Age0-9 Yrs1721 (17%)6741 (14%)9730 (12%)
    10-19 Yrs1547 (15%)6467 (13%)9975 (13%)
    20-29 Yrs1293 (12%)6330 (13%)10569 (14%)
    30-39 Yrs1468 (14%)6436 (13%)9612 (12%)
    40-49 Yrs1095 (10%)5519 (11%)9103 (12%)
    50-59 Yrs1145 (11%)6216 (12%)9518 (12%)
    60-69 Yrs994 (9%)5286 (11%)8952 (11%)
    70+ Yrs839 (8%)4825 (10%)7967 (10%)
    Median HH Income$38,035$44,048$44,433
    Total Household Income< 24K1195 (30%)5503 (29%)8555 (27%)
    25-49K1254 (31%)4998 (26%)8444 (27%)
    50-74K621 (15%)3298 (17%)5273 (17%)
    75-99K390 (9%)1936 (10%)3249 (10%)
    100-199K366 (9%)2613 (13%)4290 (13%)
    200K+97 (2%)622 (3%)949 (3%)
    Highest Education LevelNo Diploma77633305078
    Diploma or GED23531167718524
    Some College1647760112436
    Assoc. Degree59123344117
    Bachelors Degree59442906885
    Higher Degree26922183569
    Total Housing Units4,39321,84834,921
    --Owner-Occupied2,26312,44119,411
    --Renter-Occupied1,6606,53011,349
    Owner-Occupied Values< 100K1679741010646
    100-199K43636226347
    200-299K457871479
    300-399K54373611
    400-499K31143185
    500K+19106142
    Total Working Age Population7,30037,00059,546
    In Work Force4,58322,32636,042
    Not In Work Force2,71814,67423,504
    Workforce Employed4,21320,63833,413
    Workforce Unemployed3671,6542,577
    Civlian Workforce4,58022,29235,989
    Military Workforce23353
    Total Households3,92318,97030,760
    Family Households2,33011,52318,119
    Non-Family Households1,5927,44712,641
    Married Couple1,2476,98211,696
    Other Family1,0834,5416,423
    Married w/Child5892,7524,591
    Single Male w/Child117580822
    Single Female w/Child5212,0672,688

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Calhoun County137,985-1136,146-2133,910+2136,857
    Kalamazoo County238,603+5250,331+7267,738+8290,091

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 588 Capital Avenue Southwest in Battle Creek?
    The asking price for 588 Capital Avenue Southwest is $1,350,000
    What is the building size of this Retail property in Battle Creek, MI?
    The size of the building/unit at 588 Capital Avenue Southwest in Battle Creek is 12,525 square feet
    How much land does the Battle Creek, MI property at 588 Capital Avenue Southwest include?
    588 Capital Avenue Southwest in Battle Creek includes 0.810 acres of land
    What kind of Retail is the propery at 588 Capital Avenue Southwest?
    The property at 588 Capital Avenue Southwest Battle Creek, MI 49015 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 588 Capital Avenue Southwest in Battle Creek?
    The population within 1 mile of 588 Capital Avenue Southwest Battle Creek, MI 49015 is 10,101 people.
    Who do I contact for questions about 588 Capital Avenue Southwest?
    You should contact the listing agent, Tyler Nepote , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    South Bend Regional Airport (SBN) 71
    Toledo Express Airport (TOL) 87
    Fort Wayne International Airport (FWA) 92
    Price
    $1,350,000
    Listing Agent
    More listings from Tyler Nepote
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