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    FOR LEASE
    Individual retail properties

    134 E Edgewood Blvd, Lansing, MI 48911

    10,820 SF 1.17 ac lot Built 2005
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-4919845
    134 E Edgewood Blvd, Lansing, MI 48911 For Lease
    $1.00 SF/Yr 17,700 SF available
    134 E Edgewood Blvd, Lansing, MI 48911
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    Property summary
    AI-generated overview

    This 17,700-square-foot building presents a unique opportunity in Lansing, Michigan's vibrant South Lansing retail corridor. Located at 134 E Edgewood Blvd, this single-tenant property boasts exceptional visibility and accessibility, situated less than a mile from the I-96 interchange. Its strategic location places it in close proximity to major retailers such as Meijer, Target, and Menards, as well as Celebration Cinema, ensuring high foot traffic and brand visibility. Previously occupied by a fitness center, the building's adaptable layout offers significant potential for a variety of uses. The expansive open floor plan, combined with ample parking, makes it ideal for a fitness center, events venue, retail store, or auto repair shop. The property's zoning allows for a recreational cannabis facility, and the existing license is available for purchase. The building is located in Ingham County, Michigan, with a zip code of 48911. The entire 17,700 square feet is currently vacant, providing immediate occupancy for a new tenant. This property offers a rare combination of location, size, and versatility, making it an exceptional investment opportunity. Contact for lease rate information.

    Property profile
    Verified
    Property type Individual retail properties
    Use group GYM, HEALTH SPA
    Year built 2005
    Total area 10,820 SF
    Lot 1.17 ac (50,965 SF)
    APN 33-01-05-09-401-012
    UPID US43-4919845
    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
    Current use
    Occupant on record · Public records
    • Edgewood Wellness (Bike/Boat/Book/etc) Store
    • Best Buds Specialty Food Shop
    • SameDay-FlowerDelivery Florist Wedding Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jnnf LLC · 8 yrs held
    Jnnf LLC
    since 2017
    4 recorded transactions
    2017
    $1.0M
    2014
    $1.0M
    2005
    $420,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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