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5015 S Cedar St
Lansing, MI 48910
Jolly Cedar Plaza · Retail Property For Sale
Investment Highlights
- Jolly Cedar Plaza is a 72,000-square-foot center on 7.2 acres, offering retail, office, and flex/warehouse space with upside and high visibility.
- Just 2 miles from Interstates 96 and 496, the plaza is strategically located at a signalized intersection, with exposure to nearly 30,000 vehicles.
- With nearby national retailers, local dining, and entertainment, the Plaza benefits from consistent foot traffic and a steady stream of customers.
- Anchored by O’Reilly Auto Parts and CSL Plasma, the plaza provides stable income, brand synergy, and a solid base of loyal, recurring customers.
- Jolly Cedar Plaza offers ample free parking, and customizable layouts cater to a variety of businesses, ideal for retailers or office users.
- Situated near Lansing’s government offices and Michigan State University, the property taps into a diverse customer base of professionals and locals.
Property Facts
Property Type
Retail
Property Subtype
Building Size
72,000 SF
Building Class
B
Year Built/Renovated
1962/2006
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
7.20 AC
Zoning
F COMM - Commercial Zoned District
Parking
379 Spaces (5.26 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 01-01-33-482-043 | Improvements Assessment | $1,382,000 |
| Land Assessment | $391,100 | Total Assessment | $1,773,100 |
Property Taxes
Parcel Number
01-01-33-482-043
Land Assessment
$391,100
Improvements Assessment
$1,382,000
Total Assessment
$1,773,100
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