5002 W Saginaw Hwy - Storefront FOR SALE


Lansing, MI 48917
$3,250,000 USD
517-487-9222
5002 W Saginaw Hwy, Lansing, MI for Sale
$3,250,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

5002 W Saginaw Hwy
Lansing, MI 48917


HIGHLIGHTS

  • 100% occupancy with long-term tenants
  • Prime location in Lansing area

OVERVIEW

36,000 SF building with 3 units 100% occupancy with long-term tenants Cap Rate: 9.48% Frontage on high-traffic thoroughfare Zoned C - Commercial Ideal for Retail / Community Center investment Prime location in Lansing area Well-maintained property built in 1969 Strong investment opportunity Diverse tenant mix for stability

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

205

LAND DETAILS

CROSS STREETS

W. Saginaw Hwy. and Mall Dr. E.

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

F-1

APN/PARCEL ID

040-012-300-170-00

ASK ABOUT THIS PROPERTY

Ryan ShapiroNAI Mid-MichiganMore Info
517-487-9222

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Ryan ShapiroNAI Mid-MichiganMore Info
517-487-9222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.