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NNN Leased Retail Property Portfolio
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6019 S Cedar St, Lansing, MI 48911

Triple-net retail investment secured by Right Way across two Lansing lots with lease term extending to September 2027.

Property SizeContact for details
Days on Market120

Property Features for 6019 S Cedar St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Triple Net Investment Group Inc
Listed By: Robert Gamzeh · License #VA 0225088488
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:34AM

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 Triple Net Investment Group Inc

Investment Insights

Based on property information with market context.

Triple-net leased retail investment featuring Right Way at two separate locations: 6019 S Cedar Street and 715 E Miller Road, Lansing, MI. Right Way initially signed its lease in 2015 at 6019 S Cedar Street, and the landlord completely remodeled the building. In 2020, Right Way expanded and extended its lease to 715 E Miller Road, where a brand new building was constructed and Right Way funded the build-out, with an extension through September 2027.

The NNN lease has approximately five years remaining, with scheduled rent increases every three years. The lease also includes three- and five-year options to extend.

The property totals 3.3 acres and is positioned on two separate lots, supported by nearby national retail tenants including Lowe’s, Target, Meijer, and Panera.

Key Highlights

  • NNN leased retail investment in Lansing across two lots: 6019 S Cedar Street and 715 E Miller Road
  • Right Way signed the original lease in 2015 for 6019 S Cedar Street; landlord fully remodeled and Right Way paid for the built‑out
  • In 2020, Right Way expanded to 715 E Miller Rd; landlord built a new building and Right Way paid for the build‑out

Property Analytics

Current Use

RightWay Auto Sales Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Restaurant Kitchen & Bath Showroom Furniture & Home Goods

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

674
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Triple-net retail investment secured by Right Way across two Lansing lots with lease term extending to September 2027.
Where is this nnn property located?
The property is located at 6019 S Cedar St Lansing, MI.
What are key features of this property?
This property features: NNN leased retail investment in Lansing across two lots: 6019 S Cedar Street and 715 E Miller Road; Right Way signed the original lease in 2015 for 6019 S Cedar Street; landlord fully remodeled and Right Way paid for the built‑out; In 2020, Right Way expanded to 715 E Miller Rd; landlord built a new building and Right Way paid for the build‑out
More about this property
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