Standalone Retail Building with
For Lease
$28 SF/Yr
201 Morgan Ln, Lansing, MI 48912
Renovation plans and preliminary drive-through approval support flexible retail configurations within a shopping center setting.
Space SizeContact for details
Property Size3,643 SF
Days on Market1327
Property Features for 201 Morgan Ln
General Information
Standard status
Active
Size
3,643 SF
Property subtype
Retail
Zoning
MX-2
Building Details
Building Size
3,643 SF
Buildings
1
Stories
1
Listing Agency:
Corr Commercial Real Estate, Inc
(517) 333-5300
Listed By:
Michael Corr · License #6506035046
(517) 333-5300
Source:
Cpix.resimplifi
Added: Jan 11, 2023
Changed: Aug 30
Last Checked: Aug 30 at 12:44PM
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 Corr Commercial Real Estate, Inc
Investment Insights
Based on property information with market context.
This standalone retail building at The Frandor Shopping Center is slated for renovation and offers a flexible footprint that can be divided into multiple configurations. Preliminary approval is in place for a drive-through, and the property is described as drive-through capable. MX-2 zoning supports the site's retail classification.
The building is positioned within The Frandor Shopping Center and faces the newly announced Gillespie Sears redevelopment project, ROECO. Its standalone format and adaptable layout provide a physical configuration suited to a range of retail space plans, subject to applicable approvals and final renovation details.
The building is positioned within The Frandor Shopping Center and faces the newly announced Gillespie Sears redevelopment project, ROECO. Its standalone format and adaptable layout provide a physical configuration suited to a range of retail space plans, subject to applicable approvals and final renovation details.
Key Highlights
- Standalone building within The Frandor Shopping Center
- Preliminary approval for a drive‑through
- Flexible layout that can be divided into multiple configurations
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
239k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 34%
Apparel 17%
Home Improvements & Furnishings 7%
McDonald's
Dining
37,156 visits/mo
0.3 miles
Speedway
Shops & Services
34,353 visits/mo
0.4 miles
T.J. Maxx
Apparel
28,342 visits/mo
0.2 miles
Michaels
Shops & Services
26,837 visits/mo
0.2 miles
Blaze Pizza
Dining
18,480 visits/mo
0.2 miles
Demographics for 48912, MI
17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
Median Home Value
Market
Lease Benchmarks for Lansing, MI
$26.64 /SF/Yr
Avg Asking Price
$7.5–$144 /SF/Yr
Price Range
9,632 SF
Avg Space Size
This space is priced 5% above the average of $26.64 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovation plans and preliminary drive-through approval support flexible retail configurations within a shopping center setting.
Where is this retail space located?
The property is located at 201 Morgan Ln Lansing, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Standalone building within The Frandor Shopping Center; Preliminary approval for a drive‑through; Flexible layout that can be divided into multiple configurations
