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5020 W Saginaw Hwy
Lansing, MI 48917
Eyemart Express · Retail Property For Sale
Investment Highlights
- Recently exercised their second five-year renewal option. The low price point and high yield offering includes robust 4% annual increases.
- Situated across from the 700,000 square foot Lansing Mall, along West Saginaw Highway (30,700 VPD) and adjacent to Elmwood Drive (11,860 VPD).
- Lansing, MI is a part of the Lansing-East Lansing MSA, which is the third largest MSA in the state and is home to over 550,000 residents.
- The Property is surrounded by a host of nearby, national retailers demonstrating retail strength and further driving consumers to the area.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.62 AC
Zoning
C
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
134’ on W Saginaw Hwy
Property Taxes
| Parcel Number | 040-012-300-160-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $340,600 |
Property Taxes
Parcel Number
040-012-300-160-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$340,600
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