7050 W Saginaw Hwy Lansing, MI 48917
Single tenant net leased office building in Lansing's west submarket.
Lot size:
1.73 AcresProperty Features for 7050 W Saginaw Hwy
General Information
- Lot size
- 1.73 Acres
Source:
Moodyscre
Listing Agent: Cutler Martin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lansing Office Investment Opportunity
Located on Saginaw Highway in Lansing’s west submarket, 7050 W. Saginaw Highway is an 18,510 square foot single-story office building. The property is 100% occupied by Colliers Engineering and Design on a long-term lease. The property offers a yield with annual rent escalations. The facility features a formal reception area, a blend of private and open office spaces, a cafe, glass-walled conference rooms, and heavy power capacity. A large parking area enhances accessibility. The property is professionally managed. The property benefits from a central location within a retail corridor. It has easy access to Creyts Road, Canal Road, and nearby highways. The property experiences a daily traffic count of 23,141 vehicles and is continent to I-69 & I-496. The property generates a $326,874 NOI with 2.5% annual rental escalations.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AIA Mid-Michigan
Architects Association
Bergmann
Architect
GED Success
School
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.652739
- Latitude
- 42.742077
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Single tenant net leased office building in Lansing's west submarket.
Where is this office building located?
The property is located at 7050 W Saginaw Hwy Lansing, MI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Single tenant net leased investment offering a stable, high-yielding opportunity.; - 100% occupied by Colliers Engineering and Design on a long-term lease.; - Generates $326,874 NOI with 2.5% annual rental increases.