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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 ID:    271122
    Property URL: melqr.com/271122
    Generated:    07-10-26
    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.
    Retail Space / Michigan / Battle Creek / 49015 / 588 Capital Avenue Southwest

    588 Capital Avenue Southwest

    Battle Creek, MI 49015

    Listing ID: 271122
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    • 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.

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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.

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    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 property 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.

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    Airport Distance (mi) Directions
    South Bend Regional Airport (SBN) 71
    Toledo Express Airport (TOL) 87
    Fort Wayne International Airport (FWA) 92
    Price
    $1,350,000
    Listing Agent
    Tyler Nepote - CRE Agent at KW Commercial

    Tyler Nepote

    KW Commercial

    VIEW AGENT PROFILE

    CONTACT AGENT

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