5002 W Saginaw Hwy

5002 W Saginaw Hwy, Lansing, MI 48917

  • For Sale $3,250,000
  • Property Type Retail - Community Center
  • Property Size 36,000 SF
  • Units 3
  • Lot Size 3.4 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1969
  • Date Updated Dec 2, 2024
High traffic retail location near Lansing Mall and Meijer retail store.Fully leased multi-tenant retail investment property.
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Attachments

Highlights

  • 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

Contacts

broker
Ryan Shapiro

NAI Mid-Michigan

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Neighborhood Waverly
  • Zip Code 48917
  • Market Detroit

Points of Interest

  • East Lansing

    6.52 miles

  • Citgo

    0.17 miles

  • Meijer

    0.26 miles

  • bosch

    0.32 miles

  • GE

    0.36 miles

  • Marathon

    0.56 miles

  • Speedway

    1.10 miles

  • Kroger Fuel

    1.20 miles

  • Shell

    1.39 miles

  • Mobil

    1.41 miles

  • Tesla, Inc.

    1.79 miles

  • Cellphone Lot @ LAN

    2.63 miles

  • Capital Airport Parking

    2.69 miles

  • Hall of Justice Surface Lot

    2.82 miles

  • Hall of Justice West Ramp

    2.82 miles

  • Hall of Justice East Ramp

    2.87 miles

  • Butler Lot

    2.97 miles

  • State Visitor Parking

    2.98 miles

  • Ottawa Surface Lot

    2.99 miles

  • Allegan Surface Lot

    3.01 miles

  • Pine Lot

    3.07 miles

  • World Buffet

    0.01 miles

  • Restaurant Taqueria El Chaparrito

    0.07 miles

  • Los Tres Amigos

    0.07 miles

  • Golden Corral

    0.08 miles

  • The Smoke 'N Pig BBQ

    0.08 miles

  • Wayback Burgers

    0.13 miles

  • A&W

    0.15 miles

  • Rally's

    0.22 miles

  • Panera Bread

    0.24 miles

  • Sushi Moto

    0.27 miles

  • Meijer

    0.31 miles

  • JCPenney

    0.36 miles

  • Lansing Mall

    0.38 miles

  • Target

    0.53 miles

  • ALDI

    0.56 miles

  • Once Apon a Child

    0.75 miles

  • Gift & Bible / Diane's Halmark / Teaching Center

    0.76 miles

  • Kroger

    1.20 miles

  • Kohl's

    1.32 miles

  • Horrocks Farm Market

    2.08 miles

Frequently Asked Questions

How much does 5002 W Saginaw Hwy cost?

The space currently listed for sale at 5002 W Saginaw Hwy asks for $3,250,000.

What is the total square footage of 5002 W Saginaw Hwy?

5002 W Saginaw Hwy totals 36,000 square feet.

When was this property built?

5002 W Saginaw Hwy was built in 1969.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Ryan Shapiro

NAI Mid-Michigan