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Property profile & analytics
FOR LEASE
Retail space

3165 E Michigan Ave Lansing, MI 48912

Property ID
US43-1703958
3165 E Michigan Ave, Lansing, MI 48912 For Lease
Contact for pricing 1,897 SF available
3165 E Michigan Ave, Lansing, MI 48912
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Property summary
AI-generated overview

1,897 SF available (first floor retail/service space) Join co-tenant HOTWORX Landlord highly motivated to fill retail space, flexible lease terms, negotiable rents, and tenant improvement package available White box, ready for occupancy Street level and on-site ramp parking allocated to commercial tenants and customers, RESERVED PARKING AVAILABLE $90 Million state of the art, 9-story mixed-use project w/ 359 housing units Located adjacent to Frandor Shopping Center within walking distance from Michigan State University, ROCOE Projecct and The Red Cedar Development Project with over 1,300 residential units This site offers premier exposure along Michigan Avenue and convenient freeway access to I-496 and US-127 Note: Contact Carson Patten directly @ 720-987-4988 or [email protected].

Property profile
Verified
Property type Retail space
UPID US43-1703958
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
  • SkyVue Real Estate Agency
  • HOTWORX- East Lansing SkyVue Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
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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