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    FOR LEASE
    Strip malls

    2200 Coolidge Rd, East Lansing, MI 48823

    23,461 SF 3.3 ac lot Built 1987
    Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1480306
    Property summary
    AI-generated overview

    This exceptional office space, located at 2200 Coolidge Road in Ingham County, offers immediate occupancy in a highly visible location. Situated on the well-lit corner of Lake Lansing and Coolidge Roads, this property boasts convenient access to US-127 and enjoys a prominent position directly across from a major Meijer supermarket. The available space is part of a multi-tenant building and offers flexible options ranging from 1,127 square feet to a maximum contiguous space of 5,409 square feet. Ideal for businesses seeking a high-traffic location with excellent visibility, this property presents a unique opportunity to establish a strong presence in a thriving commercial area. The property is categorized as retail and office space, specifically executive office, storefront, and strip center subtypes. The building's address is 2200 Coolidge Road, and it offers multiple tenancies. The building's total square footage is not specified. Now offering Sunday hours for added convenience. This is a fantastic opportunity for businesses seeking a prominent and accessible location in a busy commercial area. The space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Total area 23,461 SF
    Lot 3.3 ac (143,748 SF)
    Zoning code B5
    APN 33-20-01-01-302-044
    UPID US43-1480306
    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
    • Country Stitches (Bike/Boat/Book/etc) Store
    • Wild Birds Unlimited (Bike/Boat/Book/etc) Store
    • Everything Lashes Hair Salon
    • Goodwill Donation Center Charitable Organization
    • Donna Nails Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.87M
    Blend (final) Blend
    $1.82M
    Owner & transaction history
    MARCORR PROPERTIES LLC
    MARCORR PROPERTIES LLC
    Zoning & alternative use
    B5 · East Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.9M +92.1%
    Restaurant $2.7M +81.7%
    Commercial (general) $2.7M +78.0%
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    More about this property
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