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Capital Center 2545 Capital Ave SW
1,774 - 5,617 SF of Space Available in Battle Creek, MI 49015
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
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 102 | 3,843 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $61,488 /YR $5,124 /MO | Triple Net (NNN) | ||
1st Floor - 205 | 1,774 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $21,288 /YR $1,774 /MO | Triple Net (NNN) |
2545 Capital Ave SW - 1st Floor - Ste 102
- 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
- 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
- 10,339
- International
- Epic Nutrition
- Drinks/Juices
- 1
- Local
- H&R Block
- Acctg/Tax Prep
- 13,504
- 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 | 10,339 | International |
Epic Nutrition | Drinks/Juices | 1 | Local |
H&R Block | Acctg/Tax Prep | 13,504 | International |
Muscle & Spine Rehabilitation Center | Health Care and Social Assistance | - | - |
ResourceMFG | Professional, Scientific, and Technical Services | - | - |
PROPERTY FACTS FOR 2545 Capital Ave SW , Battle Creek, MI 49015
Total Space Available | 5,617 SF | Frontage | 294’ on Capital Avenue SW |
Center Type | Neighborhood Center | Gross Leasable Area | 35,088 SF |
Parking | 207 Spaces | Total Land Area | 3.29 AC |
Stores | 12 | Year Built | 1997 |
Center Properties | 1 | Cross Streets | Beckley Rd |
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
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Capital Center | 2545 Capital Ave SW
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