Listing Agency: Colliers - Royal Oak/Detroit, Michigan

Listed By: Barry Swatsenbarg · License #6501294779

Source: Crexi

Added: Apr 11 Changed: Aug 12 Last Checked: Aug 24 at 7:35AM

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Investment Insights

Based on property information with market context.

This retail space offers 8,654 square feet. The property has a capitalization rate of 6.15%.

Key Highlights

• 6.15% CAP Rate
• Retail Property
• 8,654 SF

Property Analytics

Property Profile

Current Use

Xfinity Store by ... Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Skin Care Clinic Spa & Massage Center

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

647

Businesses Nearby

131k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 33% Shops & Services 32% Dining 20% Groceries 9%

Menards Home Improvements & Furnishings

43,223 visits/mo 0.3 miles

Texas Roadhouse Dining

26,571 visits/mo 0.4 miles

Five Below Shops & Services

23,182 visits/mo 0.1 miles

Dollar Tree Shops & Services

18,556 visits/mo 0.2 miles

Gordon Food Service Groceries

11,584 visits/mo 0.2 miles

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available, 8,654 SF, 6.15% CAP rate.

Where is this retail space located?

The property is located at 6300 South Cedar Street Lansing, MI.

What are key features of this property?

This property features: 6.15% CAP Rate; Retail Property; 8,654 SF