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Capital Center 2545 Capital Ave SW 1,774 - 5,617 SF of Space Available in Battle Creek, MI 49015

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HIGHLIGHTS

  • The neighborhood center offers excellent retail space opportunities, including fully built-out or customized spaces to suit user’s needs.
  • Shopping center visible to approximately 13,494 vehicles per day on Capital Avenue SW.
  • Building signage visibility equivalent to billboard advertising costs of $25,661 per year.
  • Retail trade area serves a population of over 177,342 people and 6,382 higher education students nearby at Kellogg Community College.
  • Over 1,000,000 SF of critical retail and restaurant mass adjacencies to Capital Centre.
  • Skilled local property management works diligently to ensure the success of tenants by providing a professional, well-maintained environment.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 102
  • 3,843 SF
  • Negotiable
  • $25.13 CAD/SF/YR $2.09 CAD/SF/MO $96,561 CAD/YR $8,047 CAD/MO
  • Triple Net (NNN)
2545 Capital Ave SW - 1st Floor - Ste 102
Space Use
Retail
Condition
Full Build-Out
Availability
60 Days
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor - 205
  • 1,774 SF
  • Negotiable
  • $19.54 CAD/SF/YR $1.63 CAD/SF/MO $34,669 CAD/YR $2,889 CAD/MO
  • Triple Net (NNN)
2545 Capital Ave SW - 1st Floor - 205
Space Use
Flex
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 102 3,843 SF Negotiable $25.13 CAD/SF/YR $2.09 CAD/SF/MO $96,561 CAD/YR $8,047 CAD/MO Triple Net (NNN)
1st Floor - 205 1,774 SF Negotiable $19.54 CAD/SF/YR $1.63 CAD/SF/MO $34,669 CAD/YR $2,889 CAD/MO Triple Net (NNN)

2545 Capital Ave SW - 1st Floor - Ste 102

Size
3,843 SF
Term
Negotiable
Rental Rate
$25.13 CAD/SF/YR $2.09 CAD/SF/MO $96,561 CAD/YR $8,047 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
60 Days

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

2545 Capital Ave SW - 1st Floor - 205

Size
1,774 SF
Term
Negotiable
Rental Rate
$19.54 CAD/SF/YR $1.63 CAD/SF/MO $34,669 CAD/YR $2,889 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Flex
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT CAPITAL CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Circa 6 Salon Spa
  • Salon/Barber/Spa
  • 1
  • -
  • Domino’s Pizza
  • Pizza
  • 9,065
  • International
  • Epic Nutrition
  • Drinks/Juices
  • 1
  • Local
  • H&R Block
  • Acctg/Tax Prep
  • 13,520
  • International
  • Muscle & Spine Rehabilitation Center
  • Health Care and Social Assistance
  • -
  • -
  • ResourceMFG
  • Professional, Scientific, and Technical Services
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Circa 6 Salon Spa Salon/Barber/Spa 1 -
Domino’s Pizza Pizza 9,065 International
Epic Nutrition Drinks/Juices 1 Local
H&R Block Acctg/Tax Prep 13,520 International
Muscle & Spine Rehabilitation Center Health Care and Social Assistance - -
ResourceMFG Professional, Scientific, and Technical Services - -

PROPERTY FACTS

Total Space Available 5,617 SF
Center Type Neighborhood Center
Parking 207 Spaces
Stores 12
Center Properties 1
Frontage 294’ on Capital Avenue SW
Gross Leasable Area 35,088 SF
Total Land Area 3.29 AC
Year Built 1997
Cross Streets Beckley Rd

ABOUT THE PROPERTY

Capital Centre is a well-maintained center located in Battle Creek, Michigan, just north of Interstate 94, near the highly affluent Country Club Hills Neighborhood. The neighborhood center offers excellent retail and service-based office space opportunities, including fully built-out or customized spaces to suit user’s needs. Strategically located along Capital Avenue SW, in an expanding retail and health corridor, this magnificent center features a modern façade with inviting storefronts, extensive landscaping, and decorative vegetation that makes for an ideal location for the community to shop. Several national and regional brands already make their home there, including Domino’s, H&R Block, ResourceMFG, Circa 6 SalonSpa, and more. With the addition of many new healthcare users at Capital Centre, Capital Avenue SW is quickly becoming Battle Creek’s “Medical Mile”. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled on-site property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed spaces. Tenants in this center enjoy prominent brand exposure from the more than 13,494 daily drivers that pass through on Capital Avenue SW. Pylon and building signage opportunities are available in what may be the most impactful and prominent area of Battle Creek for retail branding opportunities. The center also benefits from the area’s surrounding retail. Synonymous with experiential dining and destination shopping, Harper Village is a six-minute drive. Customers will appreciate the easy ingress and egress through multiple entrances in addition to ample parking. Users will benefit from the location’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 57,244 people lives within a five-mile radius of the property, with the average household income exceeding $67,305. South Battle Creek residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 10 minutes south of Downtown Battle Creek, the area residents make up a total annual consumer spending of nearly $1.3 billion, almost $115 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Battle Creek and make it an excellent area to locate a company. SPECIAL NOTES: 1/2 Commission Paid 30 Days After Lease Execution, 1/2 Upon Rent Commencement. Full Commission Rate Paid Years 1-5, 50% Years 6-10, None After 10 Years. Renewal Commissions Paid At 50% Of Full Commission Only Paid To Tenant`s Broker If They Continue To Act As Tenant`s Exclusive Broker Of Record. Subject To Landlord Approval Of Tenant`s Use & Credit.

  • Bus Line
  • Dedicated Turn Lane
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage

NEARBY MAJOR RETAILERS

Caribou Coffee
Denny's
Cracker Barrel Old Country Store
Bob Evans Restaurants
Fifth Third Bank
BIGGBY Coffee
Burn Boot Camp
Starbucks
Fazoli's
Olive Garden
  • Listing ID: 12114929

  • Date on Market: 2023-10-13

  • Last Updated:

  • Address: 2545 Capital Ave SW, Battle Creek, MI 49015

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