1660 Lansing Rd Charlotte, MI 48813
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.