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3101-3109 S Martin Luther King Jr Blvd 5,312 SF 100% Leased Retail Building Lansing, MI 48910 $399,000 ($75.11/SF)
Investment Highlights
- Situated on a well-traveled commercial corridor with direct exposure on Martin Luther King Jr Boulevard.
- Located within 6 miles of Capital Region International Airport and nearby major retail hubs.
- Ample on-site parking with multiple ingress and egress points for convenience.
- Accessible from primary thoroughfares and minutes to downtown Lansing.
Executive Summary
The property is strategically located in Southern Lansing, a corridor that benefits from steady commercial activity and excellent transportation access. Nearby roadways provide seamless connectivity to downtown Lansing, Capital Region International Airport, and major business districts, making the location appealing to a range of retail uses. Ample on-site parking, existing build-outs, and established utilities enhance both operational ease and tenant retention.
Investors will appreciate the market’s stability, supported by ongoing development, population growth, and proximity to essential services—all indicators of long-term value. With its advantageous positioning, existing tenant roster, and potential for continued performance, this property represents a compelling opportunity to acquire a fully functional retail asset in one of Michigan’s key urban hubs.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Buddy's Puff & Pass
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- Fanci Ladies Boutique
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- Professional, Scientific, and Technical Services
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Jackson Hewitt began operations in 1982 when John Hewitt purchased a small Virginia-based tax service. The company expanded through franchising in 1986 and grew rapidly by partnering with major retailers. Jackson Hewitt provides tax preparation services, including electronic filing and refund anticipation loans. The company also offers franchise opportunities nationwide. Jackson Hewitt's tax school provides training for aspiring tax professionals through both online and classroom programs. The company serves millions of customers annually through company-owned and franchised locations.
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- Transportation and Warehousing
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The UPS Store began as Mail Boxes Etc. in 1980, then expanded through a rebrand after UPS acquired Mail Boxes Etc., Inc. in 2001 and introduced The UPS Store brand in 2003. The company operates as a locally owned and operated franchise network that provides packing, shipping, freight, postal, printing, mailbox, notary, and other business services for consumers and small businesses. The business centers support personal mailing needs and small-business workflows through retail storefront services, direct mail support, and a range of document and shipping solutions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Buddy's Puff & Pass | - | - | - | - | ||
| Fanci Ladies Boutique | - | - | - | - | ||
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Professional, Scientific, and Technical Services | - | - | - | ||
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Transportation and Warehousing | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-01-29-476-002 | Improvements Assessment | $189,900 |
| Land Assessment | $29,000 | Total Assessment | $218,900 |
Property Taxes
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3101-3109 S Martin Luther King Jr Blvd
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