Log In/Sign Up
Your email has been sent.
Staples 6128 Beckley Rd 20,000 SF Retail Building Battle Creek, MI 49014 $2,075,000 ($103.75/SF) 6.75% Cap Rate
Investment Highlights
- ~1 Year Remaining | No Renewal Options | Value-Add Opportunity | RC Zoning | 2024 Parking Lot Replacement
- Proximity To I-94 (47,400 VPD) & M-66/I-194 (20,600 VPD)
- Prime Retail Corridor | Outparcel To Walmart-Anchored Center
- Residential Base | Strong Demographics In 5-Mile Trade Area
Executive Summary
• Approximately one year of lease term remaining, providing near-term income
• With no remaining renewal options, the property presents a compelling value-add opportunity upon lease expiration in 2026 through redevelopment or re-tenanting
• Zoned Regional Commercial District (RC), allowing for a wide range of commercial uses
• 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
• With no remaining renewal options, the property presents a compelling value-add opportunity upon lease expiration in 2026 through redevelopment or re-tenanting
• Zoned Regional Commercial District (RC), allowing for a wide range of commercial uses
• 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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1995
Price
$2,075,000
Price Per SF
$103.75
Cap Rate
6.75%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.14
Lot Size
3.33 AC
Zoning
RC - Regional Commercial District
Parking
92 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
588’ on B Dr
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,749,670 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,749,670
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Staples | 6128 Beckley Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.