30 20th St S | Battle Creek, MI 49015
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30 20th St S
Battle Creek, MI 49015
Value-Add National Anchored Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Auction Sale May 15-17 - RIMarketplace
- Ollie’s just extended their lease through 2031 with rent increase!
- ±62,000 SF available for immediate lease-up. Sale includes 2 outparcel pad sites for additional development/income.
- ±181,500 SF value-add shopping center located in Battle Creek, Michigan. In-Place NOI = ±$610,000.
- ±66% occupied by a mix of tenants including Ollie’s, Harbor Freight, Citi Trends, Biomat USA, Dollar Tree, Family Dollar, Kumon, and H&R Block
- Current rent roll shows avg term of occupancy of 15+ years, while some of the tenants are 30+ years continuous operation at the property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
140,653 SF
Building Class
C
Year Built/Renovated
1973/2016
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
18.84 AC
Zoning
C-2 - Commercial Zoned District
Parking
710 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
1,021’ on 20th St
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0065-00-080-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,033,500 |
PROPERTY TAXES
Parcel Number
0065-00-080-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,033,500
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