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Property profile & analytics
FOR LEASE
Strip malls

6209 W Saginaw Hwy Lansing, MI 48917

15,600 SF 1.48 ac lot Built 1985
Entity Owned 12-yr Hold Free & Clear
Property ID
US43-2458964
6209 W Saginaw Hwy, Lansing, MI 48917 For Lease
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6209 W Saginaw Hwy, Lansing, MI 48917
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Property summary
AI-generated overview

This exceptional retail space, located at 6209 W. Saginaw Hwy in Lansing, Michigan, 48917, offers 1,313 square feet of immediately available space in a single-story building totaling 15,600 square feet. The property is situated on a busy thoroughfare between the Lansing Mall and Creyts Road in Delta Township, ensuring high visibility and foot traffic. The space is part of a multi-tenant building with established businesses including SalonCentric, Great Clips, Super Tobacco, and Marco's Pizza, creating a synergistic retail environment. The zoning is Commercial. This unit offers convenient front door parking for customers and employees. While a minimum of 1,313 square feet is available, the maximum contiguous space available is also 1,313 square feet. The property features whitebox incentives, allowing for customization to suit a variety of retail businesses. The cross street is N Creyts Rd. This prime location presents a fantastic opportunity for businesses seeking high visibility and a strong tenant mix. The property is easily accessible and benefits from its proximity to major retail centers and residential areas. This is an ideal space for a business looking to establish a presence in a thriving Lansing commercial district.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 15,600 SF
Lot 1.48 ac (64,469 SF)
Zoning code NONE
APN 040 014 100 222 00
UPID US43-2458964
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
  • SalonCentric (Bike/Boat/Book/etc) Store Cosmetic Store
  • Super Tobacco 2 (Bike/Boat/Book/etc) Store
  • Doctors of Physical Therapy Medical Clinic
  • Marco's Pizza Restaurant
  • Great Clips Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$971k
Blend (final) Blend
$970k
Owner & transaction history
40th Street Properties LLC · 12 yrs held
40th Street Properties LLC
since 2014
1 recorded transaction
2014
$550,000
Zoning & alternative use
NONE · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Restaurant $1.5M +98.6%
Commercial (general) $1.4M +78.2%
Retail stores $1.3M +71.6%
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