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Retail Center with Service Door
For Lease
$14 SF/Yr

603 N Waverly Rd, Lansing, MI 48917

Two retail suites are available in a recently remodeled, professionally managed center.

Space Size1,336 SF - 2,253 SF
Property Size19,081 SF
Days on Market1152

Property Features for 603 N Waverly Rd

General Information

Standard status Active
Size 1,336 SF - 2,253 SF
Net Rentable 1,336 SF
Property subtype Retail

Space & Availability

Available Space 1,336-2,253 SF
Contiguous Space 2,253 SF
Space Use Retail

Amenities

Garage Service door on back

Building Details

Building Size 19,081 SF
Buildings 1
Stories 1
Listing Agency: NAI Mid-Michigan
Listed By: Nicholas Vlahakis · License #6505298469
Source: Cpix.resimplifi
Added: Aug 22, 2023 Changed: Oct 15 Last Checked: Oct 15 at 2:09AM

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

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Investment Insights

Based on property information with market context.

The retail center offers two available suites: Suite 2B at 1,336 square feet and Suite 3A at 2,253 square feet. A garage service door at the rear provides an additional building feature. The center has undergone recent remodeling and is professionally managed.

The property is at 603 N Waverly Rd in Lansing, Michigan, at a high-traffic corner.

Key Highlights

  • Two retail suites: 1,336 SF and 2,253 SF
  • Garage service door at the rear of the building
  • Recently remodeled center

Property Analytics

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Current Use

America's Best Hearing Hearing Aid Store Clock Mobility Production Facility Pure Enchantment Photography Photography Service Total Health Spine ... Alternative Medicine Practice Advanced Spine & Posture ... Alternative Medicine Practice

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Auto Parts Store Plumbing Service Dental Office

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

491
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lansing, MI

$15.26 /SF/Yr
Avg Asking Price
$5.79–$96 /SF/Yr
Price Range
12,668 SF
Avg Space Size

This space is priced 8% below the average of $15.26 /SF/Yr.

Frequently Asked Questions

What type of property is this?
Retail space - Two retail suites are available in a recently remodeled, professionally managed center.
Where is this retail space located?
The property is located at 603 N Waverly Rd Lansing, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Two retail suites: 1,336 SF and 2,253 SF; Garage service door at the rear of the building; Recently remodeled center
More about this property
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