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Redeveloped Commercial/Industrial Space Available
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340 E Edgewood Blvd, Lansing, MI 48911

Former Sam's Club redeveloped for multiple tenants.

Space SizeContact for details
Property Size137,454 SF
Days on Market780

Property Features for 340 E Edgewood Blvd

General Information

Standard status Active
Size 137,454 SF
Total Parking Spaces 700
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 137,454 SF
Year Built 1989
Tenancy Single

Spaces For Lease

at 340 E Edgewood Blvd Contact us

Available Space

Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Jeff Lemanski · License #MI
Source: Crexi
Added: Jul 13, 2024 Changed: Aug 22 Last Checked: Aug 29 at 10:37PM

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 Signature Associates

Investment Insights

Based on property information with market context.

The property, formerly a Sam's Club, is being redeveloped to accommodate multiple tenants for industrial or commercial/retail use. The space is fully air-conditioned and features 3000 amps/480 volt power. Parking is available for 700 cars. The interior layout includes wide columns spaced at 60'x40', with a clear height of 27'. Truckwells and overhead doors can be added to the property. The location provides quick access to I-96 via exit 104 at Cedar Street.

Key Highlights

  • Redevelopment opportunity for industrial, commercial, or retail use.
  • Excellent accessibility to I‑96 via Exit 104.
  • Substantial parking with 700 spaces.

Property Analytics

Current Use

Stock and Field of Lansing Department Store higi Physician Dr. David Whitney Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Hair Salon HVAC Service Skin Care Clinic

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
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Lansing, MI

$28.14 /SF/Yr
Avg Asking Price
$1.72–$180 /SF/Yr
Price Range
10,710 SF
Avg Space Size

This space is priced 75% below the average of $28.14 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Former Sam's Club redeveloped for multiple tenants.
Where is this warehouse located?
The property is located at 340 E Edgewood Blvd Lansing, MI.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: Redevelopment opportunity for industrial, commercial, or retail use.; Excellent accessibility to I‑96 via Exit 104.; Substantial parking with 700 spaces.
More about this property
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