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    4790 Hagadorn Rd East Lansing, MI 48823

    For Lease
    $15 SF/Yr

    Prime East Lansing retail, multiple spaces available.

    Lot size:
    97,582 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Hannah Plaza, located at 4790 S Hagadorn Rd, East Lansing, MI 48823, offers exceptional retail space in a thriving location. This multi-tenant property boasts a total of 97,582 square feet, with a variety of spaces available ranging from a minimum of 2,950 square feet to a maximum contiguous space of 13,987 square feet. Currently, 24,727 square feet is vacant, presenting a significant opportunity for new businesses. The plaza enjoys a strategic position on Hagadorn Road, situated between Grand River Avenue and Mt. Hope Road, ensuring high visibility and accessibility. Hannah Plaza benefits from a strong tenant mix, including established businesses such as Pizza House, Powerhouse Gym, Orangetheory Fitness, GNC, Jimmy John's, Sansu, and Square One Bakery, creating a vibrant and attractive retail environment. Its convenient location also places it within walking distance of key amenities such as the Michigan Athletic Club, Sparrow Health Science Pavilion, The Lodges of East Lansing, and the Marriott Towne Place Suites, further enhancing its appeal to both businesses and customers. This Ingham County property presents a compelling investment opportunity for businesses seeking a prime retail location in a bustling area of East Lansing. The property is classified as Retail, with subtypes including Convenience Store, Restaurant, Nutrition, and Bakery.

    Property Features for 4790 Hagadorn Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    97,582 SF
    Total Rate
    121977.5

    Unit(s) available at that property

    Space
    Suite 137
    Size
    6,402 SF
    Rate per SF
    $15

    HighLights

    • 97,582 square foot multi‑tenant retail plaza in East Lansing, MI.
    • 24,727 square feet of vacant space available, with units ranging from 2,950 to 13,987 contiguous square feet.
    • High‑visibility location on Hagadorn Road, between Grand River Ave and Mt. Hope Rd.
    • Strong tenant mix including national and local businesses such as Pizza House, Powerhouse Gym, and Orangetheory Fitness.
    • Excellent location near Michigan Athletic Club, Sparrow Health Science Pavilion, and multiple hotels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J2 Tanning Hannah ... Tanning Salon Pizza House Pizza Restaurant Pho So 1 Vietnamese Restaurant Spartans Edge Barbershop Barber Shop Zhen Ramen & Grill Ramen Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    East Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.4596801
    Latitude
    42.7203745

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    FAQs

    What type of property is this?
    Restaurant - Prime East Lansing retail, multiple spaces available.
    Where is this restaurant located?
    The property is located at 4790 Hagadorn Rd East Lansing, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 97,582 square foot multi-tenant retail plaza in East Lansing, MI.; 24,727 square feet of vacant space available, with units ranging from 2,950 to 13,987 contiguous square feet.; High-visibility location on Hagadorn Road, between Grand River Ave and Mt. Hope Rd.
    Request Owner's contact information
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    East Lansing, MI 48823
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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
    4790 Hagadorn Rd East Lansing, MI 48823
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