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    5415-5503 Saginaw Hwy Lansing, MI 48917

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    For Lease
    Contact for pricing

    Prime Medical & Retail Space in Lansing, MI

    Lot size:
    111,715 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Lansing, MI property, located at 5415-5503 W Saginaw Hwy, offers a diverse range of leasing opportunities within the 111,715 square foot Lansing Towne Center. The building is classified as both retail and office space, with a strong emphasis on medical office use, and features a total of seven suites. Currently, there are 18,783 square feet of vacant space available, offering flexibility for businesses of various sizes. Individual spaces range from a minimum of 1,850 square feet to a maximum contiguous space of 5,349 square feet, with up to five spaces available for lease. The property's subtype includes medical office, street retail, and strip center components, catering to a wide array of potential tenants. Ample parking is provided for tenants and their clients. The property is situated in Eaton County, Michigan, and offers immediate occupancy for qualified tenants. The available spaces include a former medical office (2,494 sq ft) and a former salon space (5,349 sq ft), presenting unique opportunities for adaptive reuse. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Lansing market. Interested parties should inquire about specific suite availability and lease terms.

    Property Features for 5415-5503 Saginaw Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,715 SF

    Unit(s) available at that property

    Space
    Space 5451 - B
    Size
    2,494 SF
    Space
    Space 5417B
    Size
    1,850 SF
    Space
    Space 5429
    Size
    2,500 SF
    Space
    Space 5425
    Size
    2,500 SF
    Space
    Space 5451 - H
    Size
    2,000 SF

    HighLights

    • 1,850 - 5,349 SF immediately available for lease.
    • 2,494 SF former medical office space available.
    • 5,349 SF former salon space available.
    • Spaces can be combined or subdivided.
    • Tenant improvement allowances, white‑box build‑outs, and rent abatement may be available.
    • High traffic location with over 28,500 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6265336
    Latitude
    42.7405283

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Medical & Retail Space in Lansing, MI
    Where is this neighborhood center located?
    The property is located at 5415-5503 Saginaw Hwy Lansing, MI.
    What are key features of this property?
    This property features: 1,850 - 5,349 SF immediately available for lease.; 2,494 SF former medical office space available.; 5,349 SF former salon space available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5415-5503 Saginaw Hwy Lansing, MI 48917
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