Listing Agency: Stream Capital Partners Show Phone

Listed By: Dorothy Lee · License #CA 01982397

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:55PM

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Investment Insights

Based on property information with market context.

This retail space is offered for sale under the Regal Cinemas name. The property is located at 5330 W Saginaw Hwy in Lansing, Michigan 48917.

The stated cap rate is 8.50% beginning 08/01/2024. Deferred rent is scheduled to expire on May 31, 2024, with the buyer retaining the deferred rent.

Key Highlights

• Regal Cinemas retail space offered for sale
• Located at 5330 W Saginaw Hwy, Lansing, MI 48917
• 8.50% cap rate beginning 08/01/2024

Property Analytics

Property Profile

Current Use

Eaton County Prosecutor's ... County Government Office Lansing Mall Shopping Center & Mall Spencers (Bike/Boat/Book/etc) Store Chaos (Bike/Boat/Book/etc) Store SNIPES Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Auto Parts 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

660

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space offered for sale on W Saginaw Hwy in Lansing, Michigan.

Where is this retail space located?

The property is located at 5330 W Saginaw Hwy Lansing, MI.

What are key features of this property?

This property features: Regal Cinemas retail space offered for sale; Located at 5330 W Saginaw Hwy, Lansing, MI 48917; 8.50% cap rate beginning 08/01/2024