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1824 Lake Lansing Rd
Lansing, MI 48912
Sherwin-Williams Paint Store · Retail Property For Sale
Investment Highlights
- Investment grade credit tenant rated “BBB” by S&P (NYSE: SHW)
- Sherwin-Williams has a market CAP of $66 billion and recorded sales in excess of $18.36 billion in 2020
- Lake Lansing Road and Wood Street intersection sees over 23,000 vehicles per day
- Large 1.15 acre parcel — allowing for potential future development and value creation
- Strong demographics with nearly 152,000 residents within 5-miles
- Located 3 miles from Michigan State University, with over 40,000 students
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.15 AC
Zoning
E LOCAL
Parking
17 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
201’ on Lake Lansing Road
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 21-01-03-427-026 | Improvements Assessment | $302,600 |
| Land Assessment | $155,900 | Total Assessment | $458,500 |
Property Taxes
Parcel Number
21-01-03-427-026
Land Assessment
$155,900
Improvements Assessment
$302,600
Total Assessment
$458,500
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