2250 Lake Lansing Rd - Storefront Retail/Office FOR SALE


Lansing, MI 48912- Groesbeck Area
$2,290,000 USD
248-867-3304
2250 Lake Lansing Rd, Lansing, MI for Sale
$2,290,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 7.5% Cap Rate

2250 Lake Lansing Rd
Lansing, MI 48912
Groesbeck Area


HIGHLIGHTS

  • Fully leased center with national and strong regional tenants
  • Strong traffic and located across from Eastwood Towne Center - Lansing area's upscale outdoor lifestyle center
  • Near US-127 expressway for easy access from surrounding cities
  • Located near Michigan State University with international visitors and strong student population
  • Convenient parking, monument and building signage, and long term tenant occupancy, all on renewal terms
  • Quality building materials used in base building - built to last

OVERVIEW

Fully Leased Retail Center – 2250 Lake Lansing Road, Lansing, MI Don’t miss this great opportunity to own a 100% leased strip center in one of Lansing’s most active retail corridors - across from the Eastwood Towne Center Mall! Located on Lake Lansing Road, this well-positioned center features a strong lineup of national and regional franchise tenants including Adventure Credit Union, Biggby Coffee, Milan Laser Hair Removal, Supercuts, and J2 Tanning, offering stable income and long-term security. The property sits in a high-traffic area surrounded by major retailers and restaurants, just minutes from Michigan State University and downtown Lansing. With excellent visibility, strong tenant performance, and solid market fundamentals, this property is an ideal addition to any investor’s portfolio.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Lansing Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

CROSS STREETS

Lake Lansing Rd and Wood Street

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

PD

APN/PARCEL ID

21-01-02-302-006

ASK ABOUT THIS PROPERTY

Rob KrochmalThe Surnow CompanyMore Info
248-867-3304

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

Rob KrochmalThe Surnow CompanyMore Info
248-867-3304

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