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5400 S Pennsylvania Ave 1,000 - 3,400 SF of Retail Space Available in Lansing, MI 48911
Highlights
- Less than 1 mile to I-96 interchange
- Convenient access just south of Jolly Road, near Armstrong Road
- Located directly on a major bus line for easy commuter access
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite A | 2,400 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $21,600 /YR $1,800 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Suite C | 1,000 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $10,000 /YR $833.33 /MO | Triple Net (NNN) |
5400 S Pennsylvania Ave - 1st Floor - Ste Suite A
Contiguous Suites A & C are now available in this high-profile office/retail strip center. This well-positioned property offers excellent visibility and strong traffic counts, making it an ideal location for a wide range of businesses seeking exposure. Property Highlights: Contiguous suites A & C available; can be leased together or individually Suite A with 2,400 SF @ $9/SF Suite C with 1,000 SF @ $10/SF Combined 3,400 SF $ TBD Estimated NNN $5.50/SF High-traffic location with strong daily vehicle counts Excellent visibility and frontage along S. Pennsylvania Ave Accessible via S Pennsylvania Ave and Armstrong Rd Ample on-site parking for customers and staff
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Less than 1 mile to I-96 interchange
- Located directly on a major bus line for easy comm
- Convenient access just south of Jolly Road, near A
5400 S Pennsylvania Ave - 1st Floor - Ste Suite C
Contiguous Suites A & C are now available in this high-profile office/retail strip center. This well-positioned property offers excellent visibility and strong traffic counts, making it an ideal location for a wide range of businesses seeking exposure. Property Highlights: Contiguous suites A & C available; can be leased together or individually Suite A with 2,400 SF @ $9/SF Suite C with 1,000 SF @ $10/SF Combined 3,400 SF $ TBD Estimated NNN $5.50/SF High-traffic location with strong daily vehicle counts Excellent visibility and frontage along S. Pennsylvania Ave Accessible via S Pennsylvania Ave and Armstrong Rd Ample on-site parking for customers and staff
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Less than 1 mile to I-96 interchange
- Located directly on a major bus line for easy comm
- Convenient access just south of Jolly Road, near A
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 5400 S Pennsylvania Ave, Lansing, MI 48911
- Tenant
- Description
- US Locations
- Reach
- Asean Food Mart
- Supermarket
- 1
- -
- Select Physical Therapy
- Health Care
- 2,401
- National
| Tenant | Description | US Locations | Reach |
| Asean Food Mart | Supermarket | 1 | - |
| Select Physical Therapy | Health Care | 2,401 | National |
Property Facts
About the Property
Contiguous Suites A & C are now available in this high-profile office/retail strip center. This well-positioned property offers excellent visibility and strong traffic counts, making it an ideal location for a wide range of businesses seeking exposure. Property Highlights: Contiguous suites A & C available; can be leased together or individually Suite A with 2,400 SF @ $9/SF Suite C with 1,000 SF @ $10/SF Combined 3,400 SF $ TBD Estimated NNN $5.50/SF High-traffic location with strong daily vehicle counts Excellent visibility and frontage along S. Pennsylvania Ave Accessible via S Pennsylvania Ave and Armstrong Rd Ample on-site parking for customers and staff
Nearby Major Retailers
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5400 S Pennsylvania Ave
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