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Retail Space with Signage Options
For Lease
$12 SF/Yr

635 S Waverly Rd, Lansing, MI 48917

Flexible retail suites on a corner lot with multiple on-site signage locations and access near major retailers.

Space Size1,300 SF - 4,000 SF
Property Size11,140 SF
Days on Market7734

Property Features for 635 S Waverly Rd

General Information

Standard status Active
Size 1,300 SF - 4,000 SF
Net Rentable 1,300 SF
Property subtype Retail

Space & Availability

Available Space 1,300-4,000 SF
Available From Immediate

Site & Location

Corner Location Yes
Traffic Count 35,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 11,140 SF
Buildings 1
Stories 1
Listing Agency: NAI Mid-Michigan
Listed By: Scott Adams · License ##6506049327
Source: Cpix.resimplifi
Added: Jun 29, 2005 Changed: Aug 30 Last Checked: Aug 30 at 11:48AM

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 NAI Mid-Michigan

Investment Insights

Based on property information with market context.

Retail space is available within the 11,140-square-foot Waverly Road Plaza, including a 1,300 SF suite and two 2,000 SF suites. Suites E and F may be combined for up to 4,000 SF, and the open layouts can accommodate a variety of uses. Availability is immediate.

The corner-lot setting provides multiple locations for signage throughout the property. The plaza is positioned at the I-496 exit and entrance ramp on Waverly Road, where traffic exceeds 35,000 vehicles per day. Nearby retailers include Home Depot, Quality Dairy, Tim Hortons, Boost Mobile, and Ollie's Bargain Outlet.

Key Highlights

  • 1,300 SF suite and two 2,000 SF suites available immediately
  • Suites E and F can be combined for up to 4,000 SF
  • 11,140‑square‑foot retail plaza with open floorplans

Property Analytics

Current Use

Dreamcore Lashes Hair Salon Elevated party rentals ... Party Supply Store Vanitee Nails & Spa Nail Salon WE CHURCH LANSING Church Unique Eyebrow Hair Salon

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

35,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby

Demographics for 48917, MI

32,679
Population
15,975
Households
2
Avg Household Size
41
Median Age
40%
College-Educated
94%
High-School Grad
24.0 sq mi
ZIP Area
1,362
Density / Sq Mi
$73,259
Median Household Income
$47,739
Median Earnings
$1,085
Median Rent
$211,300
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

This space is priced 38% below the average of $19.3 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail suites on a corner lot with multiple on-site signage locations and access near major retailers.
Where is this retail space located?
The property is located at 635 S Waverly Rd Lansing, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,300 SF suite and two 2,000 SF suites available immediately; Suites E and F can be combined for up to 4,000 SF; 11,140‑square‑foot retail plaza with open floorplans
More about this property
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