Battle Creek, MI - Staples
$1,931,000
6128 Beckley Road, Battle Creek, MI 49014
7.25
Cap Rate
140,000
NOI
Details:
Description:
• Recently signed a brand new 5-year lease extension, demonstrating commitment to the site
• Zoned Regional Commercial District (RC), allowing for a wide range of commercial uses
• Brand new HVACs recently installed, limiting future expenses for owner
• 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
Location
Gallery