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    OFF-MARKET
    Strip malls

    2546 Jolly Rd, Lansing, MI 48910-8219

    6,050 SF 1.33 ac lot Built 1992
    Entity Owned 17-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1341468
    Property summary
    AI-generated overview

    This exceptional 1,200 square foot executive office suite is located within the thriving Five Oaks Park retail center in Ingham County. The space is part of a multi-tenant building and offers a highly visible location with prominent signage on a pylon sign. Benefit from generous on-site parking, ensuring convenient access for clients and employees. Five Oaks Park enjoys a strong tenant mix, including established businesses such as Jersey Giant, Biggby Coffee, Verizon, and S Nail Lounge, creating a vibrant and attractive environment. The property's strategic location provides easy access to major thoroughfares, including US-127, I-496, and I-96, enhancing accessibility for both employees and customers. Furthermore, the area boasts a significant residential population, with over 2,300 apartments within a one-mile radius, providing a substantial customer base. Nearby amenities include McDonald's, Tim Horton's, and Leo's Lodge, adding to the convenience and appeal of this location. This is an excellent opportunity for a business seeking a high-visibility, well-located office space in a bustling retail environment. The suite is immediately available. The total building square footage is not currently available.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1992
    Total area 6,050 SF
    Lot 1.33 ac (57,935 SF)
    Zoning code C-3
    APN 33-25-05-02-126-007
    UPID US43-1341468
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jersey Giant Submarines Inc Take-out & Catering
    • Verizon Mobile Phone Store Electronics & Wireless Store
    • BIGGBY COFFEE Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    FLATIRONS ASSOCIATES
    FLATIRONS ASSOCIATES
    Zoning & alternative use
    C-3 · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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