3303 North St East Lansing, MI 48906
Leased auto repair shop with corporate guarantee in Lansing, MI.
Building Details
- Year built
- 1979
Source:
Fortisnetlease
Listing Agent: Robert Bender
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Collision Right Repair Center
The property is a Collision Right Repair Center located at 3303 N East St. in Lansing, MI. The facility spans 11,424 square feet and is situated on a 1.42-acre lot. The property is currently operating under a double net lease with minimal landlord responsibilities. The initial lease term has ten years remaining. The lease, guaranteed by CollisionRight, LLC, includes 2% annual rent increases and two, five-year renewal options. CollisionRight, LLC is a consolidator of automotive collision repair shops in the United States. The property is located in Lansing, the capital of Michigan, within an area that has over 150,000 residents within 5 miles, and over 50,000 households. The median household income within 5 miles exceeds $70,000. Lansing is a hub of political, educational, and cultural activity with a diverse economy including government, education, healthcare, and manufacturing sectors. The city is home to Michigan's state government and Michigan State University.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.530508
- Latitude
- 42.751799
Nearby Similar for Lease
FAQs
What type of property is this?
Auto shop - Leased auto repair shop with corporate guarantee in Lansing, MI.
Where is this auto shop located?
The property is located at 3303 North St East Lansing, MI.
What is the lease rate?
The lease rate is $1,624,000.
What are key features of this property?
This property features: - Corporate guaranteed lease by CollisionRight, LLC, a leading national consolidator.; - New 10-year NNN lease with minimal landlord responsibilities.; - Located in Lansing, MI, the capital of Michigan, with strong economic drivers.
