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Jolly Oak Convenience Center 3520 Okemos Rd 12,990 SF 100% Leased Retail Building Okemos, MI 48864 For Sale



Investment Highlights
- High-visibility location along the Okemos Road commercial corridor.
- Minutes from Michigan State University and its large daily population.
- Surrounded by residential neighborhoods and daily consumer activity.
- Immediate access to I-96 supports regional connectivity.
- Located within an established retail and service-oriented trade area.
- Existing retail center configuration supports a variety of commercial uses.
Executive Summary
3520 Okemos Rd presents an opportunity to acquire a retail asset in one of the Lansing region's most established commercial corridors. The property is positioned along Okemos Road with direct visibility to local traffic and convenient access to Interstate 96, providing connectivity throughout the Greater Lansing market. Its location places the asset within minutes of Michigan State University, one of Michigan's largest higher education institutions, supporting consistent activity from students, faculty, staff, and surrounding residential neighborhoods.
The property benefits from a highly visible frontage within a mature retail and service-oriented trade area that includes a mix of national, regional, and local businesses. Strong surrounding population density, established consumer demand, and convenient regional transportation access contribute to the property's long-term appeal for investors seeking exposure to a well-recognized suburban market. The site's accessibility and existing retail configuration support a variety of retail, restaurant, and service-oriented uses, while the surrounding commercial environment provides ongoing customer traffic and business activity.
Okemos remains one of the Lansing area's most desirable suburban communities, offering access to a stable economic base anchored by education, healthcare, government, and technology-related employment sectors. The combination of regional accessibility, proximity to major demand generators, and established commercial surroundings positions the property as a notable retail investment opportunity within the market.
The property benefits from a highly visible frontage within a mature retail and service-oriented trade area that includes a mix of national, regional, and local businesses. Strong surrounding population density, established consumer demand, and convenient regional transportation access contribute to the property's long-term appeal for investors seeking exposure to a well-recognized suburban market. The site's accessibility and existing retail configuration support a variety of retail, restaurant, and service-oriented uses, while the surrounding commercial environment provides ongoing customer traffic and business activity.
Okemos remains one of the Lansing area's most desirable suburban communities, offering access to a stable economic base anchored by education, healthcare, government, and technology-related employment sectors. The combination of regional accessibility, proximity to major demand generators, and established commercial surroundings positions the property as a notable retail investment opportunity within the market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,990 SF
Building Class
C
Year Built
1990
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.29 AC
Zoning
C-2 - Commercial Zoned District
Parking
68 Spaces (5.34 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-02-33-452-015 | Improvements Assessment | $564,900 |
| Land Assessment | $141,500 | Total Assessment | $706,400 |
Property Taxes
Parcel Number
02-02-33-452-015
Land Assessment
$141,500
Improvements Assessment
$564,900
Total Assessment
$706,400
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Jolly Oak Convenience Center | 3520 Okemos Rd
