Retail/Service Space Near Michigan
For Lease
Contact for pricing
3165 E Michigan Ave, Lansing, MI 48912
1,897 SF retail/service space available in mixed-use project.
Space Size1,897 SF
Days on Market1662
Property Features for 3165 E Michigan Ave
General Information
Standard status
Active
Size
1,897 SF
Property subtype
Retail, Office, Restaurant
Lease Type
NNN
Building Details
Tenancy
Multiple
Spaces For Lease
at 3165 E Michigan Ave Contact us- Size
- 1,897 SF
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
1
Listing Agency:
Martin Commercial Properties
(517) 319-9230
Listed By:
Carson Patten · License #6501422561
Source:
Crexi
Added: Feb 1, 2022
Changed: Aug 18
Last Checked: Aug 20 at 7:48AM
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.
Available for rent is a 1,897 square foot retail or service space located on the first floor of a nine-story mixed-use project. The landlord is motivated to fill the space and offers flexible lease terms, negotiable rents, and a tenant improvement package. The space is in white box condition and ready for occupancy. Street-level and on-site ramp parking are allocated to commercial tenants and customers, with reserved parking available. The property is situated adjacent to Frandor Shopping Center and within walking distance of Michigan State University, the ROCOE Project, and The Red Cedar Development Project, which includes over 1,300 residential units. The location provides premier exposure along Michigan Avenue and convenient freeway access to I-496 and US-127. The mixed-use project includes 359 housing units.
Key Highlights
- Premier exposure on Michigan Avenue with convenient freeway access (I‑496 & US‑127).
- $90 Million state‑of‑the‑art mixed‑use project with 359 housing units.
- Located adjacent to Frandor Shopping Center and within walking distance of Michigan State University.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
230k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 33%
Apparel 18%
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
0.3 miles
Michaels
Shops & Services
26,837 visits/mo
0.3 miles
Blaze Pizza
Dining
18,480 visits/mo
0.1 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
$27.52 /SF/Yr
Avg Asking Price
$7.5–$144 /SF/Yr
Price Range
10,185 SF
Avg Space Size
This space is priced 35% below the average of $27.52 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 1,897 SF retail/service space available in mixed-use project.
Where is this retail space located?
The property is located at 3165 E Michigan Ave Lansing, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Premier exposure on Michigan Avenue with convenient freeway access (I‑496 & US‑127).; $90 Million state‑of‑the‑art mixed‑use project with 359 housing units.; Located adjacent to Frandor Shopping Center and within walking distance of Michigan State University.
