106 Allegan St 8 Lansing, MI 48933-1700
The Hollister Building at 106 W. Allegan Street offers a prime retail opportunity in a high-traffic location. This multi-tenant building boasts a total of 93,000 square feet, with 1,485 square feet currently available for lease. The space is street-level, ensuring excellent visibility and pedestrian access. Ideal for a variety of retail or service businesses, the minimum leasable space is 1,035 square feet, while the maximum contiguous space available is 1,485 square feet. The building's strategic location benefits from a significant workforce within a three-mile radius, exceeding 96,000 employees. This presents a unique chance to tap into a large consumer base. The property is well-suited for businesses seeking high visibility and convenient access for customers. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. This is an exceptional opportunity to establish a thriving business in a vibrant and densely populated area. The building's strong location and ample square footage make it an attractive option for businesses looking to expand or establish a new presence. Serious inquiries are encouraged to explore this exceptional retail space.
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RWC Advocacy Law Firm
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Michigan Commission on Law Enforcement Standards Government Office
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Michigan Chapter - American Academy of Pediatrics Association Or Organization
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Michigan Council for Maternal and Child Health Charitable Organization Social Service Agency
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Deloitte Business Management Consultant Tax Preparation Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.