Multi-Tenant Strip Center with
For Sale
Contact for pricing
1824 S Pennsylvania Ave, Lansing, MI 48910
Fully leased neighborhood strip center occupied by Subway and Everyday Tobacco in a hard-corner, high-traffic location.
Property Size2,850 SF
Lot Size0.39 Acres
Days on Market121
Property Features for 1824 S Pennsylvania Ave
General Information
Standard status
Active
Size
2,850 SF
Lot size
0.39 Acres
Property subtype
Retail
Additional Details
Traffic Count
22,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Triple Net Investment Group Inc
Listed By:
Robert Gamzeh · License #VA 0225088488
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:34PM
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 Triple Net Investment Group Inc
Investment Insights
Based on property information with market context.
This multi-tenant strip center at 1824 S Pennsylvania Ave is currently fully occupied by Subway and Everyday Tobacco. The building is approximately 2,850 square feet and includes both freestanding and wall signage. Subway has operated at the location for more than 21 years and has extended its lease for an additional five years, while Everyday Tobacco recently signed a new five-year lease.
The property is positioned on a hard-corner retail site with traffic-signal-free access and visibility along S Pennsylvania Ave. The area is supported by a strong roster of nearby national tenants, including Dairy Queen, McDonald’s, AutoZone, and Wendy’s, which helps anchor the surrounding retail environment.
Offered for sale as an occupied, income-producing retail asset, the center provides a straightforward tenant-in-place setup with two established operators.
The property is positioned on a hard-corner retail site with traffic-signal-free access and visibility along S Pennsylvania Ave. The area is supported by a strong roster of nearby national tenants, including Dairy Queen, McDonald’s, AutoZone, and Wendy’s, which helps anchor the surrounding retail environment.
Offered for sale as an occupied, income-producing retail asset, the center provides a straightforward tenant-in-place setup with two established operators.
Key Highlights
- Fully leased 2,850 SF multi‑tenant neighborhood strip center occupied by Subway and Everyday Tobacco
- Subway operating at the location for over 21 years; recently extended the lease for another five years
- Everyday Tobacco recently signed a 5‑year lease at this location
Property Analytics
Current Use
Lease Details
22,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 48910, MI
33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased neighborhood strip center occupied by Subway and Everyday Tobacco in a hard-corner, high-traffic location.
Where is this strip mall located?
The property is located at 1824 S Pennsylvania Ave Lansing, MI.
What are key features of this property?
This property features: Fully leased 2,850 SF multi‑tenant neighborhood strip center occupied by Subway and Everyday Tobacco; Subway operating at the location for over 21 years; recently extended the lease for another five years; Everyday Tobacco recently signed a 5‑year lease at this location
