438-462 E Edgewood Blvd - Storefront FOR SALE
Lansing, MI 48911 |
438-462 E Edgewood Blvd
Lansing, MI 48911
HIGHLIGHTS
- ±85,757 SF value-add shopping center located in the heart of Lansing, Michigan’s south retail corridor
- ±83% occupied by a mix of national tenants including Five Below, Dollar Tree, Office Max, Lumber Liquidators, T-Mobile, Sally Beauty, and Great Clips
- 0.95 acre outparcel development land included in the sale!
- Strong recent leasing activity | multiple lease renewals | Five Below signed a new 10-year lease in 2019
- Strategically located ±10 minutes from both the State of Michigan’s capital and Michigan State University (50,000+ students)
- Situated along Edgewood Blvd (±21,500 VPD), directly north of the heavily trafficked I-96 (±90,000 VPD)
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Edgewood Towne Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding, Storefront, Department Store
TOTAL BUILDING SIZE
85757
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
641
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
01-05-09-403-082
