Property summary
This exceptional single-story retail strip center, totaling 15,352 square feet, presents a prime investment opportunity in Lansing's west sub-market. Located at 6240-6258 W. Saginaw Highway, at the intersection of W Saginaw Highway and Lincoln Ct., in Eaton County, this well-maintained property offers excellent visibility and accessibility. The center comprises six suites, with a total of 4,430 square feet currently vacant, offering flexibility for various retail businesses. Individual suites range from a minimum of 1,364 square feet to a maximum contiguous space of 3,066 square feet. The property benefits from its strategic location in a high-traffic retail corridor, boasting established tenants such as Sparrow Laboratories and FedEx Office Print & Ship Center. This presents a unique chance to capitalize on a strong existing tenant base and a competitive lease rate. The property's single-story design and ample parking provide convenient access for both customers and employees. This is an ideal opportunity for investors seeking a well-located, established retail center with significant potential for growth. The property's location near Creyts Rd further enhances its accessibility and visibility. The available space offers a chance to establish a new business or expand an existing one in a thriving commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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Shipping Company Freight Service
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Travel Agency
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Courier Service Postal Service
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IT Consulting Firm Tech Support Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NONE · Lansing, MIZoning
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Zoning designation
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