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Retail Space in Central Lansing
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3101 E Saginaw St, Lansing, MI 48912

High-traffic retail space near Frandor Shopping Center.

Space Size1,211 SF
Days on Market728

Property Features for 3101 E Saginaw St

General Information

Standard status Active
Size 1,211 SF
Property subtype Retail
Lease Type NNN

Building Details

Year Built 1947
Tenancy Multiple

Spaces For Lease

at 3101 E Saginaw St Contact us

742

Size
1,211 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Grand Rapids, Michigan
Listed By: Shawn O'Brien · License #MI 6502358107
Source: Crexi
Added: Aug 12, 2024 Changed: Aug 8 Last Checked: Aug 8 at 8:57AM

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 Colliers - Grand Rapids, Michigan

Investment Insights

Based on property information with market context.

This retail space is located on a main commercial corridor in Central Lansing, benefiting from high foot traffic. The property is situated in a high-traffic area directly across from the Frandor Shopping Center. It features monument and building signage. The location is easily accessible, directly on a bus line and at a signalized intersection. Ample free parking is available for guests and employees. Additional NNN expenses are $4.33 per square foot.

Key Highlights

  • High‑volume foot traffic and location on a main commercial corridor.
  • Situated directly across from the popular Frandor Shopping Center.
  • Ample free parking for guests and employees.

Property Analytics

Current Use

Medawar's Frandor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Law Firm

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

Location Intelligence

Trade Area within ½ mile

1,038
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 0.1 miles
Speedway Shops & Services
34,353 visits/mo 0.0 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 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

$29.41 /SF/Yr
Avg Asking Price
$7.5–$144 /SF/Yr
Price Range
17,582 SF
Avg Space Size

This space is priced 22% below the average of $29.41 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Retail space - High-traffic retail space near Frandor Shopping Center.
Where is this retail space located?
The property is located at 3101 E Saginaw St Lansing, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: High‑volume foot traffic and location on a main commercial corridor.; Situated directly across from the popular Frandor Shopping Center.; Ample free parking for guests and employees.
(517) 662-3529 Call to check price and availability
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