Downtown Retail Space in
For Lease
Contact for pricing
503 S Capitol, Lansing, MI 48933
Newly built 2023 retail space within a 117-unit apartment complex, walkable to Downtown Lansing.
Space Size3,500 SF
Property Size147,787 SF
Days on Market95
Property Features for 503 S Capitol
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Retail
Building Details
Building Size
147,787 SF
Year Built
2023
Spaces For Lease
at 503 S Capitol Contact us- Size
- 3,500 SF
- Type
- Street Retail
- Rate
- Contact for pricing
3,500 SF Retail
- Type
- Space Type
Name
Listing Agency:
Friedman Real Estate
Listed By:
Alan Stern · License #101010
(248) 330-8339
Source:
Friedmanrealestate
Added: Jun 2
Changed: Aug 8
Last Checked: Sep 4 at 5:20AM
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 Friedman Real Estate
Investment Insights
Based on property information with market context.
3,500 SF of retail space is available within and walkable to Downtown Lansing. The space is located inside a 117-unit apartment complex and was built in 2023, offering a modern build-out suitable for contemporary retail use.
The property’s setting is closely tied to the residential community within the apartment complex, providing day-to-day foot traffic from residents. Its downtown walkability supports visibility to pedestrians within the surrounding area.
The offering is straightforward for tenants seeking a modern, recently constructed retail location positioned within a multi-family environment.
The property’s setting is closely tied to the residential community within the apartment complex, providing day-to-day foot traffic from residents. Its downtown walkability supports visibility to pedestrians within the surrounding area.
The offering is straightforward for tenants seeking a modern, recently constructed retail location positioned within a multi-family environment.
Key Highlights
- 3,500 SF of retail space available
- Retail space located in a 117‑unit apartment complex
- Built in 2023
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 48933, MI
2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
Median Home Value
Market
Lease Benchmarks for Lansing, MI
$19.3 /SF/Yr
Avg Asking Price
$5.79–$144 /SF/Yr
Price Range
11,729 SF
Avg Space Size
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Newly built 2023 retail space within a 117-unit apartment complex, walkable to Downtown Lansing.
Where is this retail space located?
The property is located at 503 S Capitol Lansing, MI.
What are key features of this property?
This property features: 3,500 SF of retail space available; Retail space located in a 117‑unit apartment complex; Built in 2023
