Property profile

408-426 Elmwood Dr Lansing, MI 48917

OFF-MARKET
Retail properties & Spaces
11,120 SF
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Property summary

AI-generated overview

Granger Mall in Lansing, Michigan, offers a fantastic retail opportunity with immediate occupancy. This property, located at 408-426 Elmwood Dr, Lansing, MI 48917, is a single-building retail center totaling 11,120 square feet. Currently, there are three available storefront spaces ranging in size from 500 to 3,300 square feet, providing flexibility for various retail concepts. A total of 3,300 square feet is currently vacant and ready for immediate use. The building features on-site parking for the convenience of both tenants and customers. This prime location in Ingham County offers excellent visibility and accessibility, making it an ideal spot for businesses seeking high foot traffic. The property is classified as a multi-tenant retail storefront, presenting a unique chance to establish a presence in a well-established shopping center. The available space is perfect for businesses needing immediate occupancy and looking for a flexible layout to suit their needs. Don't miss this opportunity to secure your space in this thriving Lansing retail center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,120 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

408-426 Elmwood Dr Lansing, MI 48917
Lansing metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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