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Retail Space Near MSU Campus
For Lease
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1351 E Grand River Ave, East Lansing, MI 48823

White box retail space in central East Lansing location.

Space Size2,700 SF
Property Size38,000 SF
Days on Market903

Property Features for 1351 E Grand River Ave

General Information

Standard status Active
Size 2,700 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 38,000 SF
Tenancy Multiple

Spaces For Lease

at 1351 E Grand River Ave Contact us

Former Rite Aid

Size
2,700 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Martin Commercial Properties
Listed By: Carson Patten · License #6501422561
Source: Crexi
Added: Mar 1, 2024 Changed: Aug 19 Last Checked: Aug 20 at 5:43AM

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 Martin Commercial Properties

Investment Insights

Based on property information with market context.

This retail space is in white box condition, ready for a new tenant. It is centrally located in a major east/west retail corridor and within walking distance of the MSU campus. The property is also close to 10 apartment complexes and 6 fraternity houses. The surrounding area features a mix of co-tenants, including Grand Traverse Pie Company, Peppino’s Pizza, TOASTE, Sultan’s Mediterranean, The Morning Post, and D’Nulffo’s Seafood & Chophouse. RJ’s Metropolitan Ice Cream is also coming soon to the center.

Key Highlights

  • White box condition, ready for immediate tenant build‑out
  • Central location in a major retail corridor
  • Walking distance to MSU campus

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Building Supply Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Daycare Center

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

996
Businesses Nearby
230k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Dining 32% Apparel 18% Home Improvements & Furnishings 7%
McDonald's Dining
37,156 visits/mo 0.2 miles
Speedway Shops & Services
34,353 visits/mo 0.2 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 0.4 miles

Demographics for 48823, MI

51,793
Population
23,757
Households
2.2
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
2,195
Density / Sq Mi
$50,837
Median Household Income
$19,837
Median Earnings
$1,127
Median Rent
$261,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - White box retail space in central East Lansing location.
Where is this retail space located?
The property is located at 1351 E Grand River Ave East Lansing, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: White box condition, ready for immediate tenant build‑out; Central location in a major retail corridor; Walking distance to MSU campus
(517) 319-9230 Call to check price and availability
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