- 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 Oct 9, 2024
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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
False
Contacts
Location
Getting Around
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Walk Score ®
67/100
Somewhat Walkable
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Bike Score ®
55/100
Bikeable
- City Lansing, MI
- Neighborhood Waverly
- Zip Code 48917
- Market Detroit
Points of Interest
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East Lansing
6.52 miles
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Citgo
0.17 miles
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Meijer
0.26 miles
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bosch
0.32 miles
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GE
0.36 miles
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Marathon
0.56 miles
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Speedway
1.10 miles
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Kroger Fuel
1.20 miles
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Shell
1.39 miles
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Mobil
1.41 miles
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Tesla, Inc.
1.79 miles
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Cellphone Lot @ LAN
2.63 miles
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Capital Airport Parking
2.69 miles
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Hall of Justice Surface Lot
2.82 miles
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Hall of Justice West Ramp
2.82 miles
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Hall of Justice East Ramp
2.87 miles
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Butler Lot
2.97 miles
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State Visitor Parking
2.98 miles
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Ottawa Surface Lot
2.99 miles
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Allegan Surface Lot
3.01 miles
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Pine Lot
3.07 miles
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World Buffet
0.01 miles
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Restaurant Taqueria El Chaparrito
0.07 miles
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Los Tres Amigos
0.07 miles
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Golden Corral
0.08 miles
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The Smoke 'N Pig BBQ
0.08 miles
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Wayback Burgers
0.13 miles
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A&W
0.15 miles
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Rally's
0.22 miles
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Panera Bread
0.24 miles
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Sushi Moto
0.27 miles
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Meijer
0.31 miles
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JCPenney
0.36 miles
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Lansing Mall
0.38 miles
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Target
0.53 miles
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ALDI
0.56 miles
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Once Apon a Child
0.75 miles
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Gift & Bible / Diane's Halmark / Teaching Center
0.76 miles
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Kroger
1.20 miles
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Kohl's
1.32 miles
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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
Ryan Shapiro
NAI Mid-Michigan
