Admiral Petroleum Gas
New
For Sale
$1,406,531
1120 E Grand River Ave, East Lansing, MI 48823
This Michigan asset is offered on its own or alongside other properties in the portfolio.
Property Size435 SF
Price / SF$3,233
Days on Market4
Property Features for 1120 E Grand River Ave
General Information
Standard status
Active
Size
435 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
NNN
Amenities
Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio
Building Details
Building Size
435 SF
Listed By:
Timothy Nichols · License #License(s): IL: 475.159619
(630) 570-2183
Source:
Marcusmillichap
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Timothy Nichols
Investment Insights
Based on property information with market context.
The gas station at 1120 E Grand River Ave in East Lansing is part of a 30-property Admiral Petroleum portfolio. The portfolio includes 29 Michigan properties and one in Indiana, with this asset available for separate acquisition or as part of a larger group.
Key Highlights
- Part of an Admiral Petroleum portfolio totaling 30 properties
- Portfolio includes 29 Michigan assets and one Indiana asset
- Available for individual acquisition or as part of a larger package
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
McDonald's
Dining
32,133 visits/mo
0.2 miles
Starbucks
Dining
17,250 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
13,476 visits/mo
0.3 miles
Chase Bank
Shops & Services
6,837 visits/mo
0.5 miles
Qdoba Mexican Grill
Dining
6,392 visits/mo
0.2 miles
Demographics for 48823, MI
51,793
Population
23,757
Households
2.2
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
2,195
Density / Sq Mi
$50,837
Median Household Income
$19,837
Median Earnings
$1,127
Median Rent
$261,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Gas station - This Michigan asset is offered on its own or alongside other properties in the portfolio.
Where is this gas station located?
The property is located at 1120 E Grand River Ave East Lansing, MI.
What is the asking price?
The asking price for this property is $1,406,531.
What are key features of this property?
This property features: Part of an Admiral Petroleum portfolio totaling 30 properties; Portfolio includes 29 Michigan assets and one Indiana asset; Available for individual acquisition or as part of a larger package
