Battle Creek, MI - Staples

Description:

• Approximately one year of lease term remaining, providing near-term income
• With no remaining renewal options, the property presents a compelling value-add opportunity upon lease expiration in 2026 through redevelopment or re-tenanting
• Zoned Regional Commercial District (RC), allowing for a wide range of commercial uses
• Parking lot was fully replaced in 2024, reducing the need for capital expenditures associated with future development
• Priced at $103 PSF with in-place rent at $7 PSF

• Located in a prime retail corridor surrounded by national retailers and large shopping centers, including Harper Village (3.5M annual visits), Minges Brook Mall (1.7M annual visits), and Lakeview Square Mall (2.4M annual visits)
• Positioned as an outparcel to a Walmart Supercenter–anchored center alongside national brands such as Lowe’s, Sam’s Club, and Citgo
• The Walmart Supercenter alone draws approximately 2.4M annual visits and ranks in the 74th percentile among comparable Walmart stores in Michigan

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Listing ID: a28TP000001xViLYAU