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Highlights

  • Walkable, well-connected area with high daily traffic counts and strong demographics, ensuring long-term visibility for tenants.
  • Current tenant mix includes dining, specialty retail, and pet services, supporting strong co-tenancy synergies.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 778 SF
  • 3-10 Years
  • $20.00 /SF/YR $1.67 /SF/MO $15,560 /YR $1,297 /MO
  • Triple Net (NNN)
1306-1312 Michigan Ave - 1st Floor
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor 778 SF 3-10 Years $20.00 /SF/YR $1.67 /SF/MO $15,560 /YR $1,297 /MO Triple Net (NNN)

1306-1312 Michigan Ave - 1st Floor

Size
778 SF
Term
3-10 Years
Rental Rate
$20.00 /SF/YR $1.67 /SF/MO $15,560 /YR $1,297 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 778 SF
Center Type Strip Center
Parking 24 Spaces
Center Properties 1
Frontage 150’ on E Michigan Ave
Gross Leasable Area 5,280 SF
Total Land Area 0.55 AC
Year Built 1974

About the Property

The property at 1306-1312 E Michigan Avenue is a strip retail center positioned along one of the highest-traffic corridors in the Lansing/East Lansing market. The site benefits from a prime location near major attractions including Michigan State University, Frandor Shopping Center, Spartan Stadium, and the Breslin Center, while also serving a strong residential population and daily commuter base. Built in 1974, it offers ample on-site parking (24 spaces) and features a prominent pylon sign that drives tenant visibility. Current co-tenants include Altu’s Ethiopian Cuisine, Legit Vape & Tobacco Co., and Pawsnickity Pet Salon, creating a balanced mix of dining, specialty retail, and service businesses.

  • Bus Line
  • Pylon Sign
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Scooter's Coffee
Charles Schwab
PNC Bank
Bank of America
Bank of America Mortgage
HOTWORX
Kroger
Olga's Kitchen
Tim Hortons
Biggby Coffee
  • Listing ID: 40057481

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 1306-1312 E Michigan Ave, East Lansing, MI 48823

Contact the Leasing Agent

1306-1312 E Michigan Ave

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