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    300 Frandor Ave Lansing, MI 48912

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Lansing retail space, multiple units available.

    Lot size:
    15,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents three available retail spaces within the renowned Frandor Shopping Center, located at 300 Frandor Ave, Lansing, MI 48912. Situated in Ingham County, this Class B property offers a range of sizes, from 1,300 square feet to 11,060 square feet, catering to diverse business needs. The property is classified as Retail and Office, with a subtype of Traditional Office, Shopping Center, and Storefront. Multiple tenancies are available. Frandor Shopping Center enjoys a highly desirable location, strategically positioned near major thoroughfares including US-127, the intersection of Saginaw Street and Grand River Avenue, and Michigan Avenue. Established in 1955, this shopping center holds a significant place in Lansing's retail history and remains one of the city's busiest, benefiting from its proximity to Michigan State University, with its substantial student population of 50,543. This presents a unique chance to establish or expand a business within a well-established and thriving retail environment. The property's prime location and strong historical presence make it an attractive investment for businesses seeking high visibility and foot traffic.

    Property Features for 300 Frandor Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,960 SF
    Class
    B

    Unit(s) available at that property

    Space
    Former Rite Aid 11,060 SF
    Size
    11,060 SF
    Space
    1,300 SF - Frandor Mall
    Size
    1,300 SF
    Rate per SF
    $25
    Space
    3,600 SF - Frandor Mall
    Size
    3,600 SF
    Rate per SF
    $15

    HighLights

    • Three retail spaces available for lease at Frandor Shopping Center, 300 Frandor Ave, Lansing, MI 48912.
    • Spaces range from 1,300 to 11,060 square feet.
    • Class B retail/office property in a high‑traffic shopping center near major thoroughfares and Michigan State University.
    • Excellent visibility and foot traffic due to location and established history.
    • Multiple tenancy options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corr Commercial Real ... Real Estate Agency Frandor Shopping Center Shopping Mall Bank of America ATM ... Atm FedEx Drop Box Mailing Service Bank of America (with ... Bank

    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
    Ingham
    State
    Michigan
    Longitude
    -84.507059447576
    Latitude
    42.737255282915

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Lansing retail space, multiple units available.
    Where is this lifestyle center located?
    The property is located at 300 Frandor Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $0.00-$25 SF/Yr.
    What are key features of this property?
    This property features: Three retail spaces available for lease at Frandor Shopping Center, 300 Frandor Ave, Lansing, MI 48912.; Spaces range from 1,300 to 11,060 square feet.; Class B retail/office property in a high-traffic shopping center near major thoroughfares and Michigan State University.
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    300 Frandor Ave Lansing, MI 48912
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    Lansing, MI 48912
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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
    300 Frandor Ave Lansing, MI 48912
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