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Property profile & analytics
OFF-MARKET
Lifestyle centers

1660 Lansing Rd Charlotte, MI 48813

86,950 SF 11.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Lifestyle centers
Total area 86,950 SF
Lot 11.7 ac (509,652 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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