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Former Big Lots Retail Space
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5625 W Saginaw Hwy, Lansing, MI 48917

Large-format premises offer a substantial footprint with convenient parking for customers and staff.

Space Size36,000 SF
Property Size136,000 SF
Days on Market201

Property Features for 5625 W Saginaw Hwy

General Information

Standard status Active
Size 36,000 SF
Net Rentable 36,000 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 36,000 SF
Contiguous Space 36,000 SF
Space Use Retail

Additional Details

Flexible Term Yes

Building Details

Building Size 136,000 SF
Tenancy Multiple

Spaces For Lease

at 5625 W Saginaw Hwy
Former Big Lots Active
Size 36,000 SF
Contact us
Listing Agency: Toman & Co.
Listed By: Team Toman · License #MI
Source: Crexi
Added: Mar 30 Changed: Oct 9 Last Checked: Oct 14 at 11:11PM

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 Toman & Co.

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Investment Insights

Based on property information with market context.

Lansing Towne Center offers one available retail space measuring 36,000 square feet within the former Big Lots building. The property provides a large-format commercial footprint for retail occupancy, with ample parking identified for customers and staff.

The space is located at 5625 W Saginaw Hwy in Lansing, Michigan. Lease terms, tenant improvement support, and other business arrangements are presented as flexible components of the offering, while the property is under new management. The available premises combine a substantial building area with an established retail setting and on-site parking.

Key Highlights

  • 36,000‑square‑foot retail space available
  • One retail space currently available
  • Former Big Lots building

Property Analytics

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Current Use

Burlington Discount Store ALDI Specialty Food Shop Baby Depot (Bike/Boat/Book/etc) Store Big Lots Discount Store

Suggested Use

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

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lansing, MI

$15.26 /SF/Yr
Avg Asking Price
$5.79–$96 /SF/Yr
Price Range
12,668 SF
Avg Space Size

This space is priced 34% below the average of $15.26 /SF/Yr.

Frequently Asked Questions

What type of property is this?
Retail space - Large-format premises offer a substantial footprint with convenient parking for customers and staff.
Where is this retail space located?
The property is located at 5625 W Saginaw Hwy Lansing, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 36,000‑square‑foot retail space available; One retail space currently available; Former Big Lots building
More about this property
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