Your email has been sent.
Stonehouse Village V 553-555 E Grand River Ave 2,290 SF of Retail Space Available in East Lansing, MI 48823
Highlights
- Directly across from Michigan State University's main campus at the Collingwood entrance.
- 2,290 SF available with flexible retail, restaurant, office, medical, or service potential.
- Strong traffic counts exceeding 25,000 vehicles per day on Grand River Avenue.
- Prime Grand River Avenue retail location surrounded by national retailers and restaurants.
- Former D.P. Dough restaurant location with limited FF&E included.
- Dense trade area supported by students, residents, faculty, and visitors.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,290 SF | 5 Years | $22.00 /SF/YR $1.83 /SF/MO $50,380 /YR $4,198 /MO | Triple Net (NNN) |
1st Floor
The available space consists of approximately 2,290 square feet and was previously occupied by D.P. Dough. The premises may accommodate a variety of retail, restaurant, office, medical, or service uses. Limited furniture, fixtures, and equipment are available. The space is positioned directly across from Michigan State University's main campus along East Lansing's primary retail corridor.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- 2,290 square feet available
- D.P. Dough Restaurant with limited FF&E
- Directly across from MSU main campus
- Surrounded by several national retailers
- DO NOT APPROACH EMPLOYEES
- Lease Rate: $22.00/sq. ft. NNN
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 Stonehouse Village V
- Tenant
- Description
- US Locations
- Reach
- Better Aged Clothing
- Retailer
- 1
- -
- D.P. Dough
- Restaurant
- 22
- National
- HJ Michigan, LLC
- Services
- 1
- -
- Msu Rive Kitchen Zhang's Inc
- Retailer
- 1
- -
- Poke Fresh
- Restaurant
- 1
- -
- Rice Kitchen
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Better Aged Clothing | Retailer | 1 | - |
| D.P. Dough | Restaurant | 22 | National |
| HJ Michigan, LLC | Services | 1 | - |
| Msu Rive Kitchen Zhang's Inc | Retailer | 1 | - |
| Poke Fresh | Restaurant | 1 | - |
| Rice Kitchen | Restaurant | 1 | - |
Property Facts
| Total Space Available | 2,290 SF | Gross Leasable Area | 8,883 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront | Parking Ratio | 1.3/1,000 SF |
| Total Space Available | 2,290 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,883 SF |
| Year Built | 1949 |
| Parking Ratio | 1.3/1,000 SF |
About the Property
553–555 E. Grand River Avenue is a campus-adjacent retail property located in the core of East Lansing's Grand River Avenue commercial district. The available 2,290-square-foot space sits directly across from Michigan State University's Collingwood entrance and benefits from strong pedestrian activity, significant vehicle traffic, and proximity to a large student population. The location is surrounded by national retailers, restaurants, and service businesses, making it well suited for retail, restaurant, office, medical, or service-oriented users.
- Bus Line
- Signage
Nearby Major Retailers
Presented by
Stonehouse Village V | 553-555 E Grand River Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.