210 Lake Lansing Rd East Lansing, MI 48823
This exceptional Class A retail strip center, totaling 6,000 square feet, presents a compelling investment opportunity. Situated on a 1.07-acre lot with 225 feet of frontage along West Lake Lansing Road, this property boasts high visibility and impressive traffic counts exceeding 20,000 vehicles per day. The center comprises four individual suites, offering flexibility for multiple tenants. The minimum divisible space is 1,199 square feet, with a maximum contiguous space of 3,500 square feet. Ample parking is provided with 38 spaces. Its strategic location, just one mile east of the US-127/West Lake Lansing Road interchange, ensures convenient access and strong exposure. The property benefits from proximity to major retailers and businesses, including Speedway, Meijer, Kroger, PNC Bank, and Lake Trust Credit Union, creating a vibrant and desirable commercial environment. The B5 zoning allows for a variety of retail uses. This build-to-suit center offers a unique chance to acquire a prime retail property in a high-growth area. The single-story building is well-maintained and ready for immediate occupancy. The 1.01-acre lot provides ample space for future expansion or outdoor amenities. This is an ideal opportunity for investors seeking a strong return in a thriving retail market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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