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    1660 Lansing Rd Charlotte, MI 48813

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    For Sale
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    Net Lease Retail Center, High Visibility

    Property size:
    86,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This prime 86,950 square foot shopping center in Charlotte, Michigan, presents a compelling investment opportunity. Located at 1660 Lansing Rd, in Eaton County, (48813), this Class C, multi-tenant retail property boasts a 73% occupancy rate and sits on an expansive 11.7-acre lot. The property is zoned for commercial use and offers excellent visibility, being situated just three-quarters of a mile northeast of I-69 in Charlotte's premier shopping district. Currently, there are several available suites: a former Gordman's space, and up to four smaller end-cap suites. These smaller suites range from 1,400 to 5,400 square feet and are divisible, with a minimum size of 1,200 square feet. Additionally, suites 221-251 can be combined to create a larger space totaling up to 5,445 square feet. This NNN lease property offers a strong foundation for investors seeking a stable, high-traffic retail location. The property's strategic location and flexible suite options make it ideal for a variety of retail businesses. The substantial lot size also provides ample room for potential future expansion or development. This is a rare opportunity to acquire a well-positioned retail center in a thriving Michigan community.

    Property Features for 1660 Lansing Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    86,950 SF
    Class
    C
    Lot Size
    509,652 SF

    HighLights

    • 86,950 SF shopping center in Charlotte, MI (Eaton County).
    • Class C, multi‑tenant retail property with 73% occupancy.
    • Situated on an 11.7‑acre lot at 1660 Lansing Rd, 0.75 miles northeast of I‑69.
    • Available suites range from 1,200 to 5,400 SF, including a former Gordman's space.
    • NNN lease property with high traffic and potential for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Spa & Massage Gym & Fitness Building Supply Daycare Center Food Market Grocery Store Hotel & Motel Auto Repair Shop Carpet & Flooring Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Eaton
    State
    Michigan
    Longitude
    -84.803373715944
    Latitude
    42.583360774866

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    FAQs

    What type of property is this?
    Lifestyle center - Net Lease Retail Center, High Visibility
    Where is this lifestyle center located?
    The property is located at 1660 Lansing Rd Charlotte, MI.
    What are key features of this property?
    This property features: 86,950 SF shopping center in Charlotte, MI (Eaton County).; Class C, multi-tenant retail property with 73% occupancy.; Situated on an 11.7-acre lot at 1660 Lansing Rd, 0.75 miles northeast of I-69.
    Request Owner's contact information
    1660 Lansing Rd Charlotte, MI 48813
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    Charlotte, MI 48813
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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
    1660 Lansing Rd Charlotte, MI 48813
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