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2508-2518 S Cedar St 3,999 - 13,992 SF of Space Available in Lansing, MI 48910
Highlights
- ± 40 Parking Spaces
- Zoned MX-C
- Located in City of Lansing
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2508 S. Cedar Street | 9,993 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2518 S. Cedar Street | 3,999 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 2508 S. Cedar Street
2508 S. Cedar Street is a masterfully renovated 9,993 SF flagship facility. Formerly a high-end cannabis dispensary, the interior boasts modern, industrial-chic finishes including exposed ceilings, wood flooring, and brickwork. The layout is functional, featuring a premium showroom, several private offices, a conference room with a kitchenette, a dedicated cash room, and a massive rear storage/processing area.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 13,992 SF of adjacent space
1st Floor, Ste 2518 S. Cedar Street
2518 S. Cedar Street provides an additional 3,999 SF of flexible space on its own 0.26-acre parcel. Currently built out as professional office space (formerly occupied by ADAM), this building offers an excellent opportunity for a complementary business use, administrative headquarters, or a secondary retail outlet.
- Fits 10 - 32 People
- Can be combined with additional space(s) for up to 13,992 SF of adjacent space
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.
Select Tenants at 2508-2518 S Cedar St, Lansing, MI 48910
- Tenant
- Description
- US Locations
- Reach
- Cap-lab
- Health Care and Social Assistance
- 1
- -
- Skymint
- Other Retail
- 31
- Local
- Sparrow
- Health Care
- 39
- Local
| Tenant | Description | US Locations | Reach |
| Cap-lab | Health Care and Social Assistance | 1 | - |
| Skymint | Other Retail | 31 | Local |
| Sparrow | Health Care | 39 | Local |
Property Facts
| Total Space Available | 13,992 SF | Gross Leasable Area | 13,992 SF |
| Property Type | Retail | Year Built/Renovated | 1957/2000 |
| Property Subtype | Storefront | Parking Ratio | 7.72/1,000 SF |
| Total Space Available | 13,992 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,992 SF |
| Year Built/Renovated | 1957/2000 |
| Parking Ratio | 7.72/1,000 SF |
About the Property
Formerly Occupied By Skymint as a Cannabis Dispensary. Centered in a Significant Commercial Corridor Along South Cedar Street. Multiple Points of Ingress and Egress from both Cedar Street (230’ of Frontage) and Lincoln Avenue (200’ of Frontage)
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Air Conditioning
- Smoke Detector
Presented by
2508-2518 S Cedar St
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