525 E Saginaw, East Lansing, MI, 48823 - Available for Sale

Retail For Sale

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525 E Saginaw

525 E Saginaw, East Lansing, MI 48823

$209,000

9,540 SF | Retail

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Price:
$209,000
Building Size:
9,540 SF
Price/SF:
$21.91
Property Type:
Retail
Property Sub-type:
Day Care Facility/ Nursery
Property Use Type:
Investment
Cap Rate:
10.50%
Occupancy:
100%
No. Stories:
1
Building Class:
C
Tenancy:
Single
Year Built:
1979
Lot Size:
0.63 AC
APN / Parcel ID:
33-20-02-07-301-005
Zoning Description:
R-3
Listing ID
17887463
Last Updated
6 days ago

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Description

Investment Opportunity. Currently occupied by KinderCare Day Care Center. Current lease goes through 6/30/2017 with two 5-year options to renew. Call listing agent for details. TERMS: CashSIGNAGE: BuildingINDIV ELECTRIC METER: Yes.INDIV GAS METER: Yes.

Map of 525 E Saginaw, East Lansing, MI 48823

Research for 525 E Saginaw, East Lansing, MI 48823 (Ingham County)

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Asking Price Index Trends for East Lansing, MI Retail For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$76-0.6%+8.2%
-
Metro
$64-2.6%-3.7%
-
County
$70-4.7%-10.4%

View East Lansing Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 10/23/2012
525 E Saginaw
  • Retail
  • $209,000
  • 9,540 SF