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Gas Station
New
For Sale
$1,031,457

5200 S Pennsylvania Ave, Lansing, MI 48911

Part of a multi-property portfolio with individual acquisition or package options.

Property Size1,252 SF
Price / SF$823.85
Days on Market4

Property Features for 5200 S Pennsylvania Ave

General Information

Standard status Active
Size 1,252 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Amenities

Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio

Building Details

Building Size 1,252 SF
Listed By: Timothy Nichols · License #License(s): IL: 475.159619
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 3:00AM

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 Timothy Nichols

Investment Insights

Based on property information with market context.

This gas station is included in a 30-property portfolio spanning Michigan and Indiana. The portfolio comprises 29 Michigan properties and one Indiana property, with assets offered individually or in larger packages.

Key Highlights

  • Part of a 30‑property portfolio
  • Portfolio includes 29 Michigan properties and one Indiana property
  • Available individually or as part of a larger package

Property Analytics

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Current Use

Marathon Gas Station Admiral Petroleum Co Gas Station Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 48911, MI

40,566
Population
18,069
Households
2.2
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
17.3 sq mi
ZIP Area
2,345
Density / Sq Mi
$54,882
Median Household Income
$36,245
Median Earnings
$933
Median Rent
$136,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Gas station - Part of a multi-property portfolio with individual acquisition or package options.
Where is this gas station located?
The property is located at 5200 S Pennsylvania Ave Lansing, MI.
What is the asking price?
The asking price for this property is $1,031,457.
What are key features of this property?
This property features: Part of a 30‑property portfolio; Portfolio includes 29 Michigan properties and one Indiana property; Available individually or as part of a larger package
More about this property
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