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7050 W Saginaw Hwy Lansing, MI 48917

For Sale
$4,500,000

Single tenant net leased office building in Lansing's west submarket.

Lot size:
1.73 Acres

Property Features for 7050 W Saginaw Hwy

General Information

Lot size
1.73 Acres

Source: Martin Commercial Properties 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

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Eaton
State
Michigan
Longitude
-84.652739
Latitude
42.742077

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.
More about this property
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