Olive Garden 5727 Beckley Rd 7 828 pi² Commerce de détail Immeuble Battle Creek, MI 49015 2 285 655 $ CAD (291,98 $ CAD/pi²) 5,15% Taux de capitalisation

This newly constructed Olive Garden in Battle Creek, MI offers a brand new 10-year absolute NNN corporate-guaranteed ground lease with four 5-year renewal options and 10% increases every 5 years. The tenant opened June 2025 and occupies a massive 2.71-acre lot.
An outparcel to Lakeview Square Mall, a +315k SF shopping center with 2.4MM annual visits, the Olive Garden has experienced +12,600 monthly visits ranking in the 90th percentile for Local Visits within the “Restaurants” category, per Placer.ai. This is the only Olive Garden within a 23-mile radius and provides immediate access to I-94 (+47,500 VPD) with premier visibility and frontage at the intersection of Beckley Rd and M-66 (+47,500 VPD combined).
The site is located in a concentrated retail trade area, adjacent to Walmart Supercenter, Lowe’s Home Improvement, Target, Sam’s Club, Petco, Kohl’s, ALDI and more. The surrounding area is densely populated with +1,900 multi-family units in a 1 mile radius and +1,000 hotel rooms in a 1.5 mile radius.
Battle Creek, MI has been the longtime headquarters of Kelloggs, with key economic drivers of manufacturing, healthcare, education and food processing. The MSA had a population in 2024 of approximately 134,000 residents.
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